the financial engineering. and welcomes arts is newsroom i am i need to not wait tonight ukraine plunges into complete chaos and this is the perfect timing to ship missiles to kiev according to american war hawks look at nato beefing up on russia's borders and back to what it was up to fifteen years ago burn member one of the most heartbreaking moments of the yugoslavia bombing and in need is a friend indeed we tell you why the e.u. should reassess its ties with washington your in the now. president obama sent to miss lyles worth

a hundred million dollars to the makeshift government in ukraine this will totally destroy use the situation there republican senators think that that's a good idea of launch of washington hawks a russia has gotten out of hand i present to you the russian aggression prevention act of twenty fourteen i've already mentioned the one hundred million bucks of lethal military aid including anti tanks and anti aircraft plus they want to require president obama to significantly increase nato support and impose sanctions on gas problem ross nafs and russia's major arms dealer that is among other things would you want to supply kiev with heavy arms i have a better idea what about providing them with nukes i'm of course just kidding but this guy one of those behind the bill might take this joke very seriously. and for us to refuse to even give them defensive weapons is now. he's

serious actually john mccain has said a lot of things i find amusing during his long very long political career. i'm a proud conservative liberal republican conservative i'm older than frankenstein already. president putin of germany gave one of the old cold war style speeches ok senator mccain's geography is a little off i wonder why since he travels a lot sometimes has somehow rather he makes it to almost every antigovernment protests around the world he supported protests in ukraine travelled to georgia pro-al qaeda rebels in syria and appeared in libya and on egypt's tahrir square i wonder where he'll go next seriously let's hope this warrior doesn't get his way and pass the bill because nato is already asymmetrically active the

alliance is already sending twelve fighter jets to the baltic region today which of course is right on russia's doorstep the actions we see being undertaken by nato members in surrounding russia are sending a clear message to russia that use it or will come up to in fact nato has been stepping up its defense capabilities in eastern europe since the first days of twenty fourteen dozens of war and spy planes have been sent to the region in recent months and is expected to triple with air patrols missions over the baltics throughout this may well joining us in the now to discuss this buildup is journalist jason leo sato's who's been writing extensively on the matter thanks for joining us western response to russia's actions in ukraine are building up lots of rhetoric and some flexing of military muscles how is moscow supposed to react to this. lonely so i think moscow is being put in a terrible position the typical the typical actions of the us in the west just like

iran really they bully them they. accuse them of being the aggressor the evil one and it's the exact opposite as we can all see and if there's anything to come out of this we can see by their actions now that they are the psychopaths and and real lunatics that we always suspected them of and you know when the truth is an enemy to something you know that something is not good and i truly believe he is is the smelling salts for this one and will play a great part in the situation putin's in a very very difficult situation i believe that baiting bait baiting and proper appropriate response from and i think is a response is the key could be the key to the future of humanity humanity is a dreadful dreadful situation we're in and it's the usual thing with nato used as the trojan horse really pushing forward surrounding everybody just just just think of if russia was on us is border doing this kind of behavior sanctions bullying

it's like a bully in the schoolyard they just cannot stop bullying people until there's nobody left to bully and this is not a chest match which is safe this is a chess match for the future of humanity and the planet this is very serious and i i think the quicker the us population wake up to this the better and i think our team is playing a great part in that so thank you for that. why does nato have no obligations or at least not any holding any accountability to a promise made in one thousand nine hundred four to not expire for instance that of course they have and not much is said about it at least outside of russia. i think nato myself you know i think nato has been used as a mask as usual i think nature nato as i said i think is a trojan horse and you know i've written in my book about this i think nato can be worn as a mask and the u.s. and the west will use anybody nato or anybody else as an accomplice to get what they want and they can make deals and do great things and be friends with people as

we've seen before with libya and with syria and with other people in iraq and iran and they can be friends when they want to be had but they can turn the tables whenever whenever they want and i find it very interesting no to compare putin and putin to the western leaders the difference is incredible on us as i said before so it's a big thing to say but i think their mental stability and imbalances are becoming more and more evidence and i think we must be really worried and i think the american population we can up is the key to this really i want to focus on ukraine just because we're seeing some real chaos coming out of there on this may day what's next both russia and nato will protect their interests if it comes to conflict is that really an option you seem to think it's quite a serious situation. i think it's a very serious situation i think i think it's sort of a i really think that the west is struggle and i think that they don't know what to do next the it's like a machine or for

a while like one club mccain mentioned the frankenstein he said i'm older and frankenstein but the west is is acting like frankenstein i believe that they've created a trajectory now a machine which is that which is nato and the rest of them you know i think the west is now taking over the police in the sky i think they said. so it's the same thing with a different mask but i think that they're just pushing forward it's a trajectory that's that's been put in place now and i don't think the u.s. is going to back down this is what worries me and this is what the world should be worried about the u.s. is a huge egomaniac and i truly believe it's it's hell bent on world dominance and it's almost like the nazis like hitler it will not back down and it's almost like the chosen ones and we are the master race almost a really i'm very worried about it and it's very very it's a terrible situation and i think in a terrible position because it's almost like whatever he does he can win but he's very very clever he's a very intelligent man and he's also

a judo expert and i think he's proven again and again that he's just wait and watch and so i believe all bets are off but i'm very worried we certainly are watching closely journalists jason the outsiders host of outside the box thanks for being in the now tonight you're welcome and well done r.t. for all your great work i believe you are smelling salts that could could help the situation a great deal thanks a lot it's much thank you dana. well coming out we look back at the ghosts of nato supply routes to stay in the not. for. the future leave the. economic up and downs in the final months day the longer the deal sang i and the rest the life it's

a neat case it'll be everything we own all tastes. good. luck one of the wonderful sean marginalize the new knowledge base tiger type you know lone. mum. pleasure to have you with us here on our t.v. today i roll researcher. dramas that can't be ignored to. stories others refuse

to notice. food since changing the world's lights now. so picture of today's leaves no longer from around the globe. look to. the. well. technology innovation all the latest developments from around russia we've. covered. welcome back you're in the now with me and he's in our way good to have you with us german chancellor angela merkel goes to washington where she'll meet president obama on friday although i'm sure their smiles and handshakes will be as warm as usual first of all secretary of state john kerry in

a private meeting has apparently accused the e.u. of stirring the ukrainian crisis claiming their version of an association agreement but there's plenty of other reasons i would tell the e.u. real friends don't bring you down and so we are in the now have put together a list of the top five reasons the e.u. should be frightened the u.s. . money matters even when it comes to politics real friends don't pressure you into losing billions europe is risking business ties with russia by slapping it with harsh economic sanctions. real friends don't indefinitely detain your citizens and let them languish in u.s. prisons violating all international norms. real friends don't drag you into wars to boost their geo political interests in yugoslavia iraq afghanistan libya and almost syria. real friends don't spy especially on leaders

phone calls. and the number one reason the e.u. should differend the u.s. is. no comment joining me is better eris from business new europe media thanks for being with us this evening ben why does the e.u. tolerate this. we're all part of an international community we live in my world economies next door and so you have to make friends with your neighbors whatever you think so that the anyone has must choice and they're all said and done this in. everyone's interests above paraiso i mean just by all of the sticky places you mention this lots of goods come from changes trade exchanges out of the international financial community that keeps everyone coming along. but you know unlike any any neighbors you have your fights with time to time and i think we're in a kind of war situation now and i'm amazed. to think that john kerry's accusations

that the e.u. stirred up the mess in ukraine is an accurate one. it is a mess i think at the roots of this small amount of them in ukraine new moon mining remains then you bring in some of the choices the brains were given there which i think you know you can either choose europe or you can choose russia and you can't impose which is the same i mean here we are all living together in europe and ukraine has significant trade relationships with both russia and the and then to attempt to cut off from one of the other is just disingenuous it makes no sense and it smacks of the chip of the support that you mentioned in the intro to lebanese advantage and so now the he's been caught in a very difficult position to be having to maintain all the force maintain their friendship with the states and at the same time having to maintain a friendship that they've built up with russia in economic and cultural terms which

is now being strained to say the least what about the out the sanctions even post just to block what lest they think go after big businesses i assume you think that's because of trying to uphold whatever partnerships they can keep. indeed i mean you look at those two lists the american list was pretty weak at the end of the day they singled out a few significant public positions particularly the c.e.o. of rossum after it was such an who is a very significant person in russia and in the world actually hurt and on the other hand the e.u. this and. hey not one significant politician but everybody else on that list was ready to mine officials or u.s. relations who is directly involved in ukraine and with the us they were trying to say that we've been forced into this by the states but nevertheless we're going to do as little as we can so we're showing our displeasure but we're not she going to cause you any pain inconvenience or damage and i think that's symptomatic of the

position i'm in america said explicitly if she is forced into a binary choice between supporting i take a america or supporting german domestic. business interests in russia she has to choose. the way international to explain what but she's very reluctant to use the business lobby in germany is coming down to have a ton of bricks and so much as if their interests in russia it's going to boomerang back to hit the german economy as well which will settle down is still fairly weak as it comes out of the two thousand crisis period that will keep track of what happens in washington merkel does visit on friday barris from business new europe media company thank you. that's fifteen years to the day when a small town in moreno montenegro changed forever nato's campaign against yugoslavia to bring down the government of slobodan milosevic was in full swing and

this really is just a thousand people became a target this small bridge was hit only three young children were playing on it six people in total were killed including a boy named miroslav and two young cousins who had gone to the store to buy ingredients to bake a cake for the may day holidays when i had the privilege of traveling tomorrow and meeting some of the people whose lives were destroyed this is miroslav i met his family who are still reeling with devastation over the loss of their son his mother made me promise to tell his story. to be sure what you mean. and so i will this image i'm about to show you is graphic so please use your discretion if you don't want to see it miroslav family keeps this photo among many others in their home they will never forget how their son became nato skull lateral damage but let's not

forget he is just one of many victims of a geo political policy that is not changing but building and spreading across the globe joining me in the now is nichelle amir coverts co-founder of the organization solidarity for kosovo thank you so much for joining us was it worth it well most of it was destroyed in one way or another nato considers the operation in yugoslavia a success it's a total fiasco and if you ask a german defense minister that was here you just admitted a couple of weeks ago that the ulick's mission is a fiasco if you look at what happened today was happening today in kosovo fifteen years later when thousand serbs have been killed seven thousand serbs have been killed minorities are being chased from their villages and it's a mafia state and people prominent people from the u.n. even from nato who are no longer working over there send in fact you may be was a key for it means nato commander over that says that the kosovo is

a mafia state and none of this was worth it was an invention by nato by the americans in europe destroying the relationships between different nations living over there and it actually made things worse and the problem is it's not finished i want to get to cause of one a moment but first off more now which we're talking about remembering today because six people died three of them children many other civilian targets were hit and when i met families in more of the most of them couldn't fathom why the alliance never apologize. this is canada and nato just said a couple days ago that it would not even get money or hand money out to help rebuild what it has destroyed and you've got to know that more than twenty thousand people have been wounded we're talking about twenty two thousand people killed and what happened to these children in marino is just just a scandal they didn't even get sorry or even payment for what happened and they call it a collateral damage and what is extremely cynical is that we know now fifteen years

later that we're not talking about collateral damage the whole idea was to target civilians in kosovo let's talk more about kosovo because the main argument as many people know around the world it was you know banged into. the narrative that kosovo needed to be saved this is why we had to go in. that was the argument for military action tell us more about the argument of the albanians in kosovo why they needed to be saved. well the argument was at that time that was at the tension center was you must know that the work of tensions but that they were created and launched by out being in separatist terrorist oh an extreme part of the albanian movement not all of them in the eighty's and especially in the ninety's and even the us in the cia considered the k.l.a. which was the representative of the art faction of the albanian of the one part of the albanian people in kosovo was considered a terrorist organization until one nine hundred ninety eight and what was happening

at that time as that they were tacking in the stock institutions and they were attacking mostly albanians themselves who are accused of collaborating with the us talking institutions and in one thousand nine hundred eight for example one year prior to the war over that there were over two thousand attacks in kosovo and there were over in kosovo and in the towns in kosovo we had three hundred people who kill albanians rama serbians all the different nationalities living over there and this was mounting up in one thousand nine hundred eighty and nobody was saying anything about this because this was a bit it was an internal it was an internal story for you to stop you on there were already the wars in boston and croatia and officially the caylee was a terrorist organization but then somebody in nato in washington found out that there was an excellent pretext to intervene and to bomb and so in a couple days i'm really talking about days the killing was considered one from

a terrorist organization to people's liberation movement and what was going on until one thousand nine hundred eight all a sudden journey around and people started talking about what you could snobs and serbians attacking killing raping albanians and this was the same narrative as in boston you know why because if you want to go to war you have to find a bad guy and then if you are resolved it was a tough situation i'm not denying it there was a civil war in some parts of kosovo and metohija but it was. internal affair to go to war nato had to show that it was a bad guy so civil war transformed into the men's team was transformed into reefers transferred to stealing in to this and also to be indians were considered martyrs in this situation which is historical moment since. co-founder of the organization solidarity for kosovo and author of the book the martyr of kosovo thanks so much for being drunk you. well this is

a great time for the u.s. to reconsider its death penalty policy it takes an average of six minutes for a prisoner to die after they receive a lethal injection well this didn't work in oklahoma within mate clayton lockett he died in agony forty three minutes after being administered drugs here's marina porton with more. america is among the top five nations that lead the world in executions but a recent lethal injection gone bad the typical execution should take between about six and twelve minutes forty three minutes of being burst winds were close because something was going so wrong is casting a spotlight on the inhumane methods behind capital punishment in the us the american public and the world is getting a close up and personal look at the death penalty as it really operates and what we're seeing is ugly on tuesday oklahoma inmate clinton lockett died a slow and painful death after his lethal injection was administered witnesses say

he was with a ring around for forty three minutes telling doctors something's wrong before eventually suffering a massive heart attack lockett began rising from the gurney it's. a port really tried to speak in like. the first two or inaudible but the third are you could clearly hear him get a work. permit and it's based on. quite a bit of a body shattered because according to reports the three drugs used to kill lockett are not primarily intended as execution drugs and come with a host of warnings about suppressing the respiratory system and causing heart trouble in recent years drug makers mostly in europe have stopped selling their medications to u.s. prisons because they don't want their products being used to kill individuals and as a result states have scrambled to find new suppliers and chemical recipes for executions

in many cases officials refuse to disclose what struggles are being used and where they're coming from when the states are refusing to provide this kind of information the tragic results that we saw in oklahoma are what we're going to get in january and ohio inmate took twenty five minutes to die by in. jackson gasping repeatedly as he laid on the stretcher in oklahoma another prisoner complained of feeling his whole body burning after being lethally injected the injections by the way are being administered by prison officials not medical professionals and medical community doctors in particular are prohibited by their ethical olds from participating in executions in this way and one of the issues that's come up over and over again is whether the people who are actually administering the drug sitting. in an experience to do this in

a way that is consistent with our constitution oklahoma has granted a two we call to all executions but in many other states critics say experiments on death row inmates will carry on marina porton r.t. new york while current capital punishment is legal in thirty two states but that is to many the most common method of execution is lethal injection but electrocution gas chamber firing squad and hanging are still allowed in some places a recent study suggests one in twenty five prisoners on death row could actually be innocent and that is unacceptable well maritime protesters strike again dutch police have stormed a greenpeace vessel and arrested a group of activists who were trying to stop a russian oil tanker from docking in rotterdam guess what among them was an activist who spent some time in a russian jail last year after attempting to seize an oil rig in the arctic one of

the so-called arctic thirty. seven years behind bars for his earlier stunt. well that does it for us we got through our first week on the air and you can always write me at a now r t and find us on facebook and youtube i want to leave you with this picture of the day protests are taking place around the world for may day have a great weekend and so you say. you don't care if you didn't think i. was very. member back in the twenty's and thirty's you had the stock market bubble of the twenty's followed by the bust followed by the depression what's different about this era is that you've got the depression and the stock market bubble happening concurrently simultaneously that's the genius of financial engineering.

unfortunately of the european union and that's very unwise wants to expand its wants to have the euro fall some brussels will still have more and more member they forget that it's not only about themselves. the middle east peace process this afternoon news is proud of this tremendous chance to pollute the peaceful dr to chart the best were. stopped is what you'd like minister benjamin netanyahu to. be ready to engage the peace process with close. to us the life we now cross direct to go as a teacher at the drop of a policy. said to the love that you can see. within the ninety six

both to recognize israel and sing for you. today and signs of more to progress us to a peace. where demonstrators are feasting. every good evening should this is our team coverage of my from moscow is just after

nine pm here and i want to kevin i want to go straight into breaking news from kiev . hello can you put me on to have a do in my life just find all going to be asking me. you know i'm like. no you know i don't tell you don't know. the problem we have right now is i have no microphone one second i can see him right now he's just going up the steps behind me. to see if we. are. ok guys you should be able to hear me right now got me hello hello do you hear me. they're not receiving any sound guys. we're getting so we're seeing sound of the same guys. i see you.

still see if you can hear anything ok. you've got you've got it now ok did somebody forget to turn if it. down correspondent piece i want to is in kiev right now closely following the events as they are unfolding that so let's now get the latest from he said we're seeing people's numbers on swelling behind you what's going on way you find a moment. where we've just had to relocate where we're speaking to you from we were almost done square before however i saw we talk about full people reinforcing barricades there stockpiling rocks and other things that could be used as as weapons against against the riot police they getting ready for a possible assault by riot police. barricades there no it's not without. it's a take it is a chance that out is going to happen we have been hearing that opposition leaders

had issued an ultimatum to the president of ukraine saying that they had twenty four hours in order to instigate initiate. elections here and that if he didn't do that then they would be moving towards more violent there may be a lower violence right now but that hasn't stopped right. thank you very much.

this is mark i make if you. are taken hostage in one of the most schools so i want you to go there sure what's the location where you are. downstairs. so you can go there i'll send you all the information and you can read it while you are going. there she is on the way her name is. of course no problem. so if you have any questions. i'm on my way.

to. spanish services. twenty five minutes twenty five minutes so. i'm not quite sure what. they'll do for me. hello. ok so i'm going to be. a. good boy scout. but i. could. this was the scene when the police pushed the protesters off the squares any was

filming from the balcony one point he saw like the policeman aiming a gun at him. and kids he just tried to hide. and then he heard one of the policemen telling the other policeman don't shoot him he's got the camera. so i was pretty intense here. just now you can think about being scared you know it when things happening you just have to saying basically how the thing. how to cover your head in the first place. because everything else is not as important because if he hits you in the head and then you're done for. the thing. which to be as a shock each. he's putting like a little banner press on the balcony so that the police would not shoot us next time they're charging because you know it's hard to say what rushes through their

minds when they're there seeing a person with something standing on the balcony like you know they might think it's a sniper or a guy with a grenade launcher or something but has the word press it was. it would help us a little bit. for poor lud us fight monday was to be honest it was the most gold listing of it. was what was most gold list thing already listed was to tell them. that they were watching them throw the ball selves told the sun yes. threw molotov cocktails. so they just like to think. it was not. cost effective. when it's just a little be they like to do some of the guys this do some of the fine repast equaled some of the five rebel candidates rather yeah. the so unfair style. of doing a story feature story on quite

a sensitive topic here immigration facts far as i understand for a lot of people. especially for the immigrants themselves and for a lot of other newcomers this is like a taboo subject so it's a difficult. four to do going to be difficult to get some interviews done apparently. and we're going to start today a main goal is just to film the street you will show us of the city of places where the a lot of immigrants. my friends german journalists based here told me that the best way to do it is discreetly. not to attract too much attention several. street markets where the lots of immigrants going to try to do it just. using my phone. in order not to try things eventually make it seem like i'm a tourist so i don't want to. try to film some something

secret just that i just don't want to try any attention. so we're trying to film. one of the districts in various with the police and have been coming up to us and asking for some sort of awful documents. they're saying that usually groups out of eight people or so in the film groups out of eight people is less than eight here. so we just moved away to another spot trying to film this street views. kind of weird i think. i'm. not really sure why i still get in your pool if you're in paris like we were in north korea you know boys with whom the secret facilities. army bases or whatever so there's always a possibility of either getting beat up beaten up. or arrested. like not even

when you're doing anything. none of that happens. is true that's going to school we're going to go just stay here. do you speak english. ok perfect. bunch of reports here in paris where i'm from russia russian t.v. and. we're doing a story about various indifferent to the district of the city and also about weight different specters of society and how you know. so if we could do an interview with you well you could tell us about yourself. look pretty terrible actually. which is. ok because we're covering a story that. doesn't really matter i look like property.

worth standing outside of a high school and this pink school right here i believe in the public school here in moscow but a tenth grader a tenth grader a tenth grade boy. actually came and shot up the school this morning and he killed the teacher and a security guard injured another one and took twenty four other students hostage. we're just going to go and report on it and that's the theme for people. coming. from all over one hundred one i'm going back to where he will be in and out of the fast i'm not going to stall this don't worry and if you're free thinker try to where to hear i swear to you you're welcome my pleasure ok if you're going to get it done whether pedro is here in my life. and. sometimes i love this place i do i love it here

a movie called. play you told you like there was. no you. that is a very warm for you have a good. time studying of. ok. that's a little too. much of an alphabet. exactly what happened that day i don't know but a woman got killed. piers later is when i got arrested for. for a crime i did not do. we have numerous cases where police officers lie about polygraph results. innocent people to confess the police officers don't beat people anymore i mean it just doesn't happen really. in the course of interrogation why

because there's been this is like meant no because the psychological techniques are more effective in obtaining confessions than physical abuse and they were often they could get what they wanted they could say what they wanted and there was no evidence of what they did or what they said. the. war is probably the most complex and difficult human activity. on. the phenomenon of friendly fire probably extends back to the invention of gunpowder. just killed a bunch of people you know don't know what they're on their premises there are of

us people. reading. this some of the shoots my brother in the leg not intentional because of it because it was night times four in the morning even the best given the bench. children. are going to make mistakes does this whole idea of brotherhood an author and in this sense it was in this context it has absolutely no place. right on the scene. first for you and i would think that you're. on a reporter's twitter. and instagram. to

be in the know. on. a level three thousand one of the characters from the report. that the ones who want a woman from africa in the shop and paul lives in paris going to tell us about her life and be like you know. the. whole. it's going to isolate them there so why is the truth of the interview which i'm going to use. reportedly. so now we filmed the interview i'm pretty satisfied i think is i think is that. you know i have to feel. this is the woman our character do something with the

materials or whatever so that we have for the chauffeur in her shop when i go on what i'll be under the talking about her in the report i'll have something to film to show the audience or while i'm talking about her we have to do pretty much every time we. film with characters that we. why once. ok now see. sweet. yes i've got a blanket. just. my home os i don't have any so. all right. let's just hear it's a product of their the. very nice also and despite the difficulties with filming outside the lake and problems with the police and some of

the locals here we managed to find a character for the story an african woman who's been living here for eighteen years and she works that the schools we spoke about things which i was told before are like like a taboo here anything concerning immigration integration and so on does she did a great job explaining how things are here and what sort of wife she she's lives and she's been living i didn't think we'd find someone like that really so done one interview with another interview coming. also another. shop owner perhaps or. shop tenant was also an immigrant and pretty much going to do the same. see was going to come out of it. and hopefully we'll get some more footage. so we're just going to do the same we're

going to just walk into what's. behind. the tea tree kaldis twenty nine or thirty years to twenty four hostages. we talked to one of the friends of the hospital. years they had to say we had the crowd that we had to grab another student one police officer to help do we have any type of status report about the other police officer you nothing. but understand how it can be education minister come out and say that you can pretty confident the students or teachers me clearly had a conflict with the student or teacher but he's under some type of psychiatric evaluation you know. down the. road larry is not standing up for.

long if you. read it right. what you're hearing national coming to you live from moscow i'm marina josh welcome to the program teacher and a policeman are dead after a hostage incident at a moscow school the gunman who stopped to have been one of the school's straight a students briefly took more than twenty students hostage archies margaret how is outside of school in the north of the capital was more for us well maybe to tell us what's the feeling on the ground what's the atmosphere there is everyone feeling safe now. well it does appear to be called mail and things have definitely calmed down from earlier this morning where i sat for a while i was on the side earlier on the love to pop up somewhere and opened fire taken to try pull out of the father's. job tell me what's pretty officer killed one

teacher aged twenty nine to thirty approximately and entered the third person the security guards probably hospital he then went into a tenth grade class and proceeded to take twenty four other students hostage and the fansub and blackout that's not man made known to man and he apparently it's impossible to think of value and i understand he kept her carriage but a lot going on with him but he has been taken into custody that we do know all right well this is very much a developing story here on ars he international that make you think of so much for bringing us the details. so we may have been directly but not so much to do here i think you are your hello you know we are about us or what but i like stories like this because your internal it is really high and it feels good. here in russia so they have noticed you can walk right up

to the crime family pick it up but. they're charging they're charging again at the police as we can see throwing rocks although. i think i would put. them all you've got a. little too small to guess. that you would look you'll see to try and set up some kind of law. you can see. the price because at the moment you're going backwards and forwards and we've seen right as most of the place down there in a few minutes. the whole sky but if you look at it it's all black you said was good

and tell you it was. peaceful day. which i guess we expected. you'd think a lifetime a lot of thoughts all get you ready to take us but. the locals think it's a good. place and the ukrainian capital outsourcing antigovernment a riot has to abandon the barricades that says violence in central kiev rolls into its fourth day running and he's an excess of scale is that for us right now it looks a little like the front line has been shifting that bullshit like now but i didn't hear anyone want to. go to war just minutes ago police made another attempt to

force the protest the self determined attempt to push the riot just about the independence set up with the right i'm going to use where i'm standing right now but then the protest the storage battery but this issue changing every minute for you put out by people who write it struck me good writing where are you going to get me. back that if i'm old well break the rules and know. when you talk to me. again so that's why she's very much in the book i was a little more stable little hours you know. and she's actually your ships. and we do apologize for some unstable connection but.

ok though it's a good. think about. this man was kind enough to. do it quickly because we're going to be scaring off his clients so want to do it fast so there's a place that it's. just it's about i would still be evil because i don't think. it was awesome as you. say do we. do it. all from the first lady says thank you. we did another one. some more stuff from another one. then three one good the second one today it's all because of. she's doing a great job helping us basically the more ordinary people we speak to the better for this story and it's the better it is the easier it is for me to understand the

real situation here these are the live parts of the report because the rest are going to be either politicians or experts or vice journalists maybe. this is the real human side because if you. let them the pilots take off my voice. i won't sell a chance that i will can you tell us now. well the things a little calmer a little calmer joins of the lawyers produced literally ten minutes ago this reminds of a child of war situation we saw less than an hour ago the first. basically it was a second attempt during this day that the police tried to push the rioters off the governmental a corner here in central kiev they pushed them off to basically where i'm standing right now literally five meters underneath the position that my vantage point where

i'm standing right now set up a better ok then the riot just came back again charging at the police and pushed them off the square then in ten minutes ten minutes later the police made another charge at the riot just and again pushed them back and as you can see the situation again still this stalemate so it is very very violent here which seems scuffles we've seen lots of rocks molotov cocktails different type of protocols different type of steel bars and clubs thrown at the police the protesters rushing charging and attacking the police when the much violence coming from this side of the of the riot police here but definitely this situation has been a very very so far we can also hear flash bangs exploding sometimes it's i really hard to say where this all going to go because today is my special occasion of the greats like you need to date and the opposition called on hundreds of thousands to take to the streets for a march and provided the circumstances we're seeing over here right now it's hard

to say how this march may end up so we are in a hotbed of tension looks like a war zone here in central essentially. absent a stay i say a chess game that. is good. to see you. stand. by. this story so. you can play. forty minutes without shouting one. remember back in the twenty's and thirty's you had the stock market bubble of the twenty's followed by the bust followed by the depression was different about this era is that you've got the depression and the stock market bubble happening

concurrently simultaneously that's the cheeriest of financial engineering. i sometimes wonder if the west which considers itself to be the only winner of the cold war is weakened by the perception of its own might i mean has there was growing confidence too self-righteous if you want to direct one accusation against the west with regard to ukraine i think it is that the west looks russia's very strong interest in ukraine as as we became involved on the way down and push for a more openness and democracy there and we need to be very conscious of russia's very close involvement with ukraine going forward and finding a solution for ukraine. unfortunately the european union and that's very expensive.

brussels. more and more member they forget that it's not only about themselves. the middle east peace process this afternoon news is proud of this tremendous chance to pollute the peaceful dr to chart the best with. what you like minutes just kinsmen it's in your shadow rudy does hold. the peace process with us close. to us the bible. start to go as a teacher of the palestinians pleasure said to me it's you can see. me with the ninety six exposure to recognize israel and thing for you.

war is probably the most complex of all human activity. all. locked up. in the phenomenon of friendly fire probably extends back to the invention of gunpowder. to kill a bunch of people who don't know what they're up there from missouri to us people. right reading. this something shoots my brother in the leg not intentional because it is because it was night time for in the morning even the best given the best shoulders. are going to make mistakes and this is this whole idea of brotherhood an author. and camaraderie in this sense it was in this

context that has absolutely no place. members. back in the twenty's and thirty's you had the stock market bubble of the twenty's followed by the bust followed by the depression what's different about this era is that you've got the depression and the stock market bubble happening concurrently simultaneously that's the genius of financial engineering. dramas that can't be ignored. to. stories others refuse to notice. faces change. to picture of today's. from around the globe.

thousands of anti-government protests in the prosecutor's office in ukraine's eastern hub of the nets and raise the flag of the self-proclaimed people's republic . of cocktails clouds of tear gas and ransacked streets this is may day in downtown each bull in full swing . in the crowd. and as police take on marches seeking to defy a ban on demonstration in the famous taxing square artie's crew gets caught in the crossfire. paul execution in oklahoma leaves a convict writhing in agony barking out rage as human rights defenders call for a moratorium on the death penalty.

welcome back you're watching international. may day celebrations have turned violent and in yet eastern ukraine that's where thousands of anti-government activists have occupied the regional prosecutor's office and raised the flag of the self-proclaimed then yet script public health authorities say twenty six people were injured parties porous layer witnessed the assault. violence has erupted here in front of the prosecutor's office as you can see people are breaking up chunks of pavement and throwing it at the security forces and at the fence as a crowd has gathered there are stun grenades going off as you just heard people are very very tense here it was a demonstration that started off relatively peaceful people gathering to say and

show support for the people's republic of donetsk but then marched here to the prosecutor's office saying that they want to have the same kind of statements coming from the surface which is usually. quite supportive of here right now we're hearing people saying fascist fascist accusing people here are supporting the fascist regime. what they want you to kick them out of office and the post which the people here at the club is starting to surge forward and they've actually taken up positions closer to the building it's almost as if the people in the front row are holding their children who may find them the crowd is moving there are people inside the building that are calling on people to move backwards i can see that with the windows it is such a relief it is the strong smell of gas in the air. was seen to people with blood on their faces being taken away from heavy guard by the very same way that he thought it would be in return with thanks thanks thanks thanks for coming to the better we

say thanks to the shoe to get our heads covered over cordy's these people especially the streets the dramatic scenes unfolding we're waiting still to see who else comes out of this building they obviously were people inside this building as you can see have someone climbing over the wall this is the problem how do you control the ngo we've now come around to the other side of the building where never crowd has gathered here's a human shield here with people actually keeping the power back from going inside the building. in the last few moments the media has changed it's almost celebrates . a loudspeaker has been put to happen people are shouting the building is ours so for now at least the situation seems under control policy our team didn't eastern ukraine. well german journalist man or oxen writer who's written extensively on ukraine's crisis believes this recent escalation also reveals the dramatic

shortcomings of the country's interim leadership but violence is becoming more and more what we also saw is that the kiev government doesn't have control on its own country the ukrainians through to what they see now on the map when we when we put the map on the table it's not existing anymore it's a failed state that this empty entity which is in the west governed by a push gang of people who very imposed by the west by nato it's well it's european union who can trust govern there with the support of the west not with the support of their people. and of course we will be following the events in ukraine bring you more updates and expert opinion or here on r.t. international and also later in the program we will take a closer look at the i.m.f. bailout conditions and their potential impact on ukraine's shattered economy. so the annual may day rallies are back once again but so too is the violence in turkey has been the scene of intense street battles which left around nine hundred

people injured many more were detained by the security forces police have attacked and made a march bt gas and water cannon as crowds tried to get to the famous tax square in defiance of the demonstrations protesters who tails and fireworks and security forces in response to forty's dropped off the square hiking tensions with a heavy police presence in the area forty serafin visit to see and got caught up in the clashes. so it is going to show you what is going on here one of the front lines where the opposition and the police igniting at the moment you can see the water come into being in the to guys in the process has been trying to put barricades up it's really being very very chaotic indeed today. i don't fortunately quite predictable. you can see the mess that must be made of the street here as they continue to ask them if they were going to put. the last god.

this war part the road in the. opposition that most of the police like you can leave it up at the moment i'll tell you what the protesters that are throwing things towards the think like on the day when you got to think that up in the crowd. ok well the one of the kind. that. they were going to try and. slow.

forty thousand out leading up to. the right. reporting from the heart of the action and you can follow the twitter feed with one post saying. local residents have been out on the streets assessing the damage in this. ridge uploading videos. of the chaotic scenes. regular updates. cuts poverty and unemployment all being held across the globe including in athens. reports from the greek capital. thousands have gathered here and so i'm sure there's the country's going private sector of all the sector unions all holding

mass demonstrations and strikes across the country they're simply expressing what they don't like about the state of the economy right now in greece we do know that even though greece has made great strides in the britain this budget deficit the country is still stuck in the recession and people here are that all but in some cases that spreads we're trying to change our society we're not going to allow what's been happening to continue enough is enough we're not going to tolerate this is the minimum that. the government to resign as the job cuts so that people can return to work we want them to stop and dundon season for the cuts we want a respectable salary once again this is what i was all about people here don't like the fact that there are many people who are behind that in the country and this is what they're trying to write and this is their message to the government ever moved us to name us that we're now the worst country in europe in terms of employment one in two young people don't work there's

a significant brain drain with many people leaving greece to go to germany and other countries in the north some greeks still remain cautiously optimistic the finance ministry has announced that it expects unemployment to crawl below twenty percent by two thousand and six the so there are some positive news coming out it's just that the people here the greeks themselves don't feel the change. that's it from greece was happening right now right here in the center of doctors but here's what my colleagues had to say about may day celebrations elsewhere in europe soon event that traditionally draws a wide variety of different groups of course you've got the trade unions who are at the forefront of this rally they are out for testing against job cuts and campaigning for better working conditions we've got students pension as i'm t. cuts campaign as and antiwar activists who have come here to make a stand and have their say in a period of weeks. heresy well we got a vicious government of tourism liberals attacking the like the movement has been

much of the light a movement that fights back we've got a government has systematically taken of all of what you know the good parts of all system government you know slightly welfare the slashing of public sector privatizing the great nationally situations and you know we want to show them that we're you know we're not having that which we're going to stand up to not laugh to think that was the message that we would get across to them and they said oh they're even a boy six exactly but now we're going to want to do something about it it's going to have to be a lot bigger than reporting from london and i'm probably boy. and in germany union say nearly five hundred thousand people took part in may day demonstrations calling for a rise in the minimum wage and more social justice will say traditional rallies against me in our cities and radicals some scuffles did take place in the capital berlin where people began venting their anger on police of course the following may day rallies around the world. to.

a botched execution in the us has left a convict writhing in agony before dying of a heart attack they have received death and calls for a moratorium on capital punishment it only takes on average six minutes for prisoners to die after they receive a lethal injection but to try to knock it it took seven times as long he died in extreme pain forty three minutes after the drugs were administered artie's marina portnoy has more on the story. america is among the top five nations that lead the world in executions but a recent lethal injection gone bad the typical execution should take between about six and twelve minutes forty three minutes a van burst lines were closed because something was going so wrong is casting

a spotlight on the inhumane methods behind capital punishment in the us the american public and the world is getting a close up and personal look at the death penalty as it really operates and what we're seeing is ugly on tuesday oklahoma inmate clinton lockett died a slow and painful death after his lethal injection was administered witnesses say he was with the ring for forty three minutes telling doctors something's wrong before eventually suffering a massive heart attack lockett began rising from the gurney it's. a port really tried to speak in like a few numbers well the first two are inaudible but the third are you could clearly hear it at work. and it's based on. quite a bit of a current body shuttered because according to reports the three drugs used to kill lockett are not primarily intended as execution drugs and come with

a host of warnings about suppressing the respiratory system and causing heart trouble in recent years drug makers mostly in europe have stopped selling their medications to u.s. prisons because they don't want their products being used to kill individuals and as a result states have scrambled to find new suppliers and chemical recipes for executions in many cases officials refuse to disclose what struggles are being used and where they're coming from when the states are refusing to provide this kind of information the tragic results that we saw in oklahoma are what we're going to get in january and ohio inmate took twenty five minutes to die by injection. gasping repeatedly as he laid on the structure in oklahoma another prisoner complained of feeling his whole body burning after being lethally injected the injections by the way are being administered by prison officials not medical professionals and

medical community doctors in particular are prohibited by their ethical oath from participating in executions in this way and one of the issues that's come up over and over again is whether the people who are actually administering the drugs in gauging the executions have the training and and experience to do this in a way that is consistent with our constitution oklahoma has granted a two we call to all executions but in many other states critics say experiments on death row inmates will carry on marina port naya r.t. new york. well capital punishment is legal in thirty two u.s. states at the moment the most common method of execution is lethal injection but electrocution the gas chamber foreign squad hanging a still allowed in some places a recent study suggests that about one in twenty five prisoners on death row could actually be innocent the managing editor of a magazine which reports on criminal justice says there should be more transparency

around executions. there's no question that bad things are happening or resulting from the use of these new and largely untested drugs that the government is not providing information on where they got them or in some cases what the drugs are the state reports that it is executing people on behalf of the public to keep the public safe as part of the the public criminal justice system and so on if that's the case then the public has a right to know what is going on during that process so what drugs they're using and what the effects of the drugs are and where those drugs came from the notion that our government can execute people basically in secret using drugs that they're not disclosing where they got them from or what the drugs are is a great moral issue but in a second quick break now but when we come back petitioning for protection ten thousand people signed a document calling on the government criminalize attend. this story in

a couple of. secret laboratory. was to build its most sophisticated. doesn't sound anything tunes mission to teach creation why it should care about. this is why you should care only. this is the media leave us so we leave the people. of the see bush and see your. party. shoes that no one is there with big they deserve answers from. politic.

i. i. i. i welcome back now supporters of the whistle blowing movement have come to ten downing street with a petition in hand demanding protection for those who shed light on government and corporate wrongdoing. they go to the government officials to report corruption and they get the door slammed in their face the documents signed by ten thousand people calls on the u.k. government to make the victimization of whistleblowers a crime the activists say those exposed to brown doing that should face scrutiny

not the people who lift the lid when the addison is one of those who went to downing street and she told r.t. why whistle blows why was to blowers need to port. i was the whistle blow for the biggest disaster in south african history and i blew the whistle on the sense within a listed company in south africa of the listed company was on the johannesburg stock exchange. and as the group treasurer i discovered the illicit removal of stakeholders funds. and that required me to to find my voice to speak out against it. and in so doing my life changed irrevocably they are after whether it actually goes into the shredder or the compost pile we're not one hundred percent certain but the but the exciting thing about this and the thing that we need to hang our head of hope on is that it's opened a conversation it's coming from the perspective of the whistleblower who are often

victimized or most often victimized and as a result of that victimization it prevents the other people from speaking out in future. plenty more stories for you on our website at the moment including deadly drug resistant super bugs and now a grim reality and according to the latest world health organization report that means common and treatable infections can once again kill you can read about this at r.t. dot com also there it's revealed the u.s. run cuban twitter was sorting out users by their political beliefs for more on the scandalous social network visit r.t. dot com. right to see. her strike. and i think. on our reporters. i.

believe. ukraine's new government is about to receive its first loan from the international monetary fund the group is to loan kiev seventeen billion dollars over the next two years to help the nation of void a default but it can offer just a few billion dollars immediately in the meantime russian officials say he has gas debt to moscow has reached three and a half billion dollars and it still isn't clear how the embattled country will pay its bills or business analysts barris says the i.m.f. cash is likely to cause problems for the average ukrainian. it comes with strings attached and therein lies the problem the bulls now very firmly into the government's courts and they need to come up with a reform program because all said and done they can buy their way out of this crisis they need to fix the economy and this money is just to sort of blast to hold

it together while they get on with work i don't order to do that they're going to have to introduce some very harsh austerity by that i mean they're going to cut public service wages they're going to cut what they call the overly generous pension and at the same time they're going to have to raise taxes so the poor ukrainian people rather than being bailed out by the i.m.f. are going to be launched into you know the sort of a stair issue that the populations of greece and cyprus have seen if not even more harsh even even more difficult and that is going to cause problems i think the promises that have been made of e.u. association and the i.m.f. bailout have led people to believe that once the west comes in supermoto help that everything's going to get better and actually in the short term it's going to get a lot worse for the average person. now elsewhere around the world this hour at least nineteen people including me which killed in the syrian city of aleppo after

barrel bombs it's an elementary school there activists have reported rebel forces posted and i'm very find video online it claims to show the government was behind the attack series ongoing civil war has claimed the lives of over one hundred fifty thousand people and displaced millions. several hundred people now and remain and marched in nigeria's capital demanding the government and military rescue more than two hundred schoolgirls they were kidnapped nearly two weeks ago when the haram militants raided a school in the northeast of the country is reported the killings are being forced to marry day stream of this. flooding in the southeast of america. he's being blamed for causing an explosion at a jail in florida we are smart diver from local radio station t k one i one what it takes to have happened. to the experienced sparks two feet of rain over the course

of the last thirty six hours or even in the vicinity of the jail there was massive flooding and this is undermined a lot of the road to a lot of the utilities and i think the main suspicion regarding the explosion at the central intake to soroti at the charlie jail is that somehow or another gas line was broken and the result was that there was a natural gas explosion at the central intake to sort of the jail there were about six hundred people at the facility at the time and two fatalities about one hundred injuries. take it to various hospitals in the area. so i was counting it on the way after iraq's first parliamentary power since the draw of american troops in twenty eleven but the elections were marred by bloodshed with at least fourteen people killed across the country despite tight security with hundreds and thousands of soldiers deployed to try and prevent attacks at polling stations baghdad was in

lockdown for the vehicle was banned from moving around the capital results of the ballot will be released in may meanwhile the u.n. says seven hundred fifty iraqis were killed last month making april the deadliest since the start of the shia we are political risk expert daniel wagner for his predictions on the outcome. violence of course is the very much a part of the landscape throughout iraq and it's only natural that there would be a very violent outcome from this election the violence is the worst it's been since two thousand and seven there were more than two thousand deaths just in the first quarter of two thousand and fourteen it's spiraling out of control it's the worst that it's been since american the coalition forces left iraq i don't see how it's going to get any better unless there were. some reason to believe that there was a fundamental shift in how power whose trajectory in iraq i don't see any happy

ending. it's approaching half past eleven here in moscow i'm back with more news in about half an hour's time next that it's max and stay safe but the cause report. i sometimes wonder if the west which considers itself to be be only winner of the cold war is weakened by the perception of its own might i mean has there was a growing seize self-confidence to selfrighteous if you want to direct one accusation against the west with regard to ukraine i think it is that the west routes russia's very strong interest in ukraine as as we became involved in the i don and push for a more openness in democracy that we need to be very conscious of russia's very close involvement with ukraine going forward and finding solutions are you crazy.

unfortunately the european union and that's very unwise wants to expand it wants to have all the euro fall some brussels wants to have more more and more members so they forget that it's not only about themselves. it's the class middle east peace process this afternoon news is proud of this tremendous chance to pollute the peaceful dr to chart the best for them so first up this way you can minister benjamin netanyahu should all be ready does hold to engage the peace process with close. to us the bible we now cross direct to go as a teacher at the drop of the palestinians for pleasure said to the love as you can

see. only within the ninety six vote this will be you recognize israel and thing for you. welcome to the kaiser report by max kaiser can world war three point zero save us from great depression two point zero stacie now speaking of great depression we're seeing the signs of it across america despite all of the financial news in america only reporting on the positive stuff what you really see across america is the things that you also saw during the first great depression which is like the illegalization the criminalization of homelessness for example so i want to turn

back to what ben bernanke you said before he became fed reserve chairman and this is a speech to the f.r.b. in two thousand and four called money gold in the great depression he wrote other features of the one thousand nine hundred thirty three decline included a sharp deflation the economy improved after franklin d. roosevelt inauguration in march one nine hundred thirty three but unemployment remained in the double digits for the rest of the decade full recovery arriving only with the advent of world war two yeah well interesting bits there because remember back in the twenty's and thirty's you had the stock market bubble of the twenty's followed by the bust followed by the depression what's different about this era is that you've got the depression and the stock market bubble happening concurrently simultaneously that's the. financial engineering and the apartheid interest rate wall which is allowed for a depression to go on in much of america and in much of the u.k.

and around the world while the asset holders are making incredible bubble like a mega zillions based on the appreciation of those assets which they can then use as collateral i see in the u.k. for example a new bank has just opened up where the top one percent of the top one percent can pledge yachts and monet's and fine jewelry. to get a loan as a pawn shop for a guillotine heirs because they can't get the kind of money they want of the bank because it's all tied up in these assets now we see across europe double digit unemployment rates in america if they actually counted all the unemployed they would also have double digit unemployment rates so not only do we have all across the middle east and war now also war starting in europe but obama has now made his asia pivot and we know that by two thousand and twenty they're expected to have. a two thirds of all u.s. naval fleets will be in asia for humanitarian purposes they say well it's

from b.b.c. us president barack obama assures japan disputed islands covered by bilateral defense treaty so there he is in japan last week and he was trying to basically saber rattle he was trying to. cause saber rattling over these uninhabited islands an uninhabited island out in the middle of the east china sea to comes along to i think down the canal i can hear the barge no. chicken so much. anyway the asia pivot is what these sequel to the failed war on terror is i mean it's that he's pivoting from the war on terror which was a hoax to begin with as just a way to make a lot of people lot of money for no particular reason to think to asia and the ukraine i mean is that what it's all about i mean there's always pivoting from well from my analysis i've read in the mainstream media here what they consider pro-american they think this is a good thing because they say america is the declining empire and all of the power

wealth is moving to the east so it makes sense for the america to go there to secure those assets over there for those people of course it's just humanitarian mission all the unemployed americans are just sending their their military over there just to help those people it's not to secure any sort of you know trade deal this is a repeat of the. british strategy which we refined they remember now as the opium wars i mean i remember obama was an avid pot smoker and college of those great photos of him getting the whole thing down on a big spliff i mean as if you know mrs asia pivot strategy to get china hooked on opium again except he's going to get them hooked on what cheap credit cheap quantitative easing what's he going to asia in return for all the money that they're sitting on that they took from selling crap by wal-mart what is asia pivot as you going to convince china that is this is opium or point two point zero i think it's the asia pivot on the one hand is to contain china not to help china anyways to contain china we already have our puppets like japan and malaysia and

indonesia and all those sort of people that will give us what we want but here they want to contain china so what a lot of policy by the us is to contain china to make sure they don't rival that there's never any an arrival that can emerge to compete with the us but there us also the other issue is this t p p which is the trans-pacific partnership which a lot of the nations that are supposed to sign this the twelve asian nations and pacific region nations so chile from chile to japan to malaysia to vietnam they're all like supposed to sign this deal right within the united states here some of the they're reluctant to sign it there so america's proposed t p p buyer beware despite all of obama's charm the rosiest projections say that the t p p will raise incomes among the parties to the treaty by a mere zero point three percent of g.d.p.

in two thousand and twenty five so all these people that they're trying to convince to sign this deal even with their own rosy projections it's only going to increase their g.d.p. by zero point three percent now that made me think of another story in the news of the past week that we've covered this decline of the american middle class versus canada and europe and this tweet shows increasing me. income since two thousand and britain up twenty percent can about up twenty percent us up zero point three percent the same number so they're trying to make everybody american where you're only going to increase by zero point three percent all that other twenty percent that would have been shared amongst the population of the favored corporations and this t p p deal to financial services organizations in particular and hollywood and copyright industry well that's definitely true but the idea of containing china at this point after you opened the pandora's box of china with the world trade organization entry during clinton years now they're going to do an about face and say no now we're shutting that door and we're going to open the door here for these

asian countries that we like like japan that by the way here is buyer of our u.s. government bonds china is a seller of our u.s. government bunz china's toilet and to russia and iran we don't like that because we want to be over there over there near fukushima getting as much radioactive sushi as we possibly can it doesn't make any sense of course that it would ever think it would well speaking of radioactive sushi what has destroyed the global economy is radioactive weapons of mass financial destruction as warren buffett calls them so these are the things that are they're going to be forced to take and this is part of the reason in fact the largest reason why these nations don't want to sign the deal at the moment is that they will have no control they will have to take jamie diamond's weapons of mass financial destruction and they can do nothing to contain it so should the fukushima jamie dimas derivatives meltdown they cannot build any barrier around it they cannot try to stop it the toxins from leaking out this is what the deal would do to them they would not be able to stop it ok so to put this

into historical context you have the two thousand and eight financial blow up and there was no reform there was only a doubling down that the banks would in fact increase the amount of derivatives around the world to try to support the zombie banks like j.p. diamond and his j.p. morgan bank and then a few years later when they ran out of suckers they introduced in the tepee paid to go to countries around asia and say look. as part of doing trade with you we're going to protect you against the you know china down the the enemy and yesterday was the good guys you get but you had to quit pro quo is you've got to take all of our terrible derivatives if you take all the hollywood movies at owner's copyright laws that go against free speech and go against the constitution and that's that's the deal and because in no way are we ever going to reform the banks from ever staying within their means and doing business in a way that's not outside of all known practices good practices as a relates to banking because the banks have a gun to read i'm appeasing the banks i'm an idiot i'm barack obama join me in my

quest to be irrelevant well this is what yes that's what i'm saying is that they're stoking war between japan and china and order so that the u.s. says japan you won't sign this deal you had your protectionist sign our deal otherwise you're going to go to war with china look at what happened in the ukraine remember yannick over still elected president was debating whether or not to sign this even deal or go to your asian economic area what to deal the sign and when he started to move towards this ration deal. war breaks out so it's like either side the trade deal or war happens those that that's how this empire runs you know it's amazing talk about pivots it's amazing or pens it's amazing how scholars are haves and seem to fit into the geo political reality that we are all subject to be involved with because not only is hollywood protecting images of scarlett johansson naked and that's why they totally override the constitution that's why they totally

introduce draco nian copyright laws because the hollywood industry as exemplified by the leak of those photos where the guy who leaked those photos was like thrown into a dungeon for twenty years because the copyright laws sacrosanct and all idea of sharing information is considered evil you know david frum the speech writer. a regular called the evil copyright abusers or something like that simultaneously issues involved the soda stream which it plays into the whole palestinian middle eastern israeli for a couple or for a coffee moment i'm so interested curfuffle. nothing lawful i got to falafel and professional mixed up maybe there could be a new cuisine up here on the high street kerfuffle feel so going back to this t p p deal on the asia pivot so finally on this the what is really happening with obama in asia as obama visits p.p.p. countries new obama administration report targets their public interest policies as trade barriers to be eliminated so

a two thousand and fourteen national trade estimate report published earlier this month by the office of the u.s. trade representative the u.s. t.r. says the policies of other t.p. nations criticized by the three hundred eighty four page us to your report include new zealand's popular health programs to control medicine costs in australian law to prevent offshoring that consumers private health data japan's pricing system that reduces the cost of medical devices vietnam's post-crisis regulations requiring banks to hold adequate capital proves policies favoring generic versions of expensive biologic medicines canada's patent standards requiring that a medicines utility should be demonstrated in order to obtain monopoly patent rights and mexico's sugary beverage tax and junk food tax so they're not allowing them to have any public interest in domestic public national interest though they hail like democracy give those people the vote they can vote but they're actually getting no rights in fact in malaysia and brunei for example they're going to try to force them to accept imports of alcohol even though they're majority muslim and

they don't want alcohol in their country they're like well too bad you sign this deal. again we've talked about on the show that the corporate lobbyist efforts for t p p is a law that is rotting above all sovereign laws of all nations doesn't matter what your religion is doesn't matter what your country is doesn't matter what your flag or president is this new corporate law that protects copyright is now your new reality and we're. backing it up with the pentagon the other side of the copyright cartel is something called the public domain the public domain is what's being destroyed with the incorporation of all we hold dear it lent air freedom of speech freedom of thought it's all being cooperate ties corporate ties financial lies. well you got to go who got to go see you later max all right all states of us are going to have all.

zach say what happened that day i don't know but a woman got killed. piers later is when i got arrested for. for a crime i did not do. we have numerous cases where police officers lie about polygraph results. innocent people to confess to police officers don't beat people anymore i mean it just doesn't happen really. in the course of interrogation why because there's been this is like meant no because the psychological techniques are more effective in obtaining confessions than physical abuse and they were often they could get what they wanted they could say what they wanted and there was no evidence of what they did or what they said. the.

war is probably the most complex and difficult human activity. are still locked up. in the phenomenon of friendly fire probably extends back to the invention of gunpowder. just killed a bunch of people in a family jungle warfare on the premises there are of us people. reading. this some of them shoots my brother in the leg not intentional because of it because it was night times four in the morning even the best commander. given that mesh shoulders. are going to make mistakes does this whole idea of brotherhood and water and then and camaraderie in this sense it was in this context that has

absolutely no place. i was born in the ukraine i grew up in a family of alcoholics as did many of my foster sons dead kids who had slept rough on the street since they were four years old some since they were two enough i'm in north ridge man way out here and kin and know because when i want to help won't be able. to go as a group of kids standing by the road like you put the children here aren't even asking for food only wanted some water to drink. i saw hundreds and hundreds of poverty stricken children dressed in rags. but i couldn't forget the eyes of this one boy the little so i came back a year later to find the little kid who. has been big bad jabs. but that was how i came by one mole foster so.

crosstalk rules and if it doesn't you can jump in anytime you want. right. first strike. and i think you're.

on our reporters. on the. welcome back to the kaiser report imax guys are time now to go to shanghai as speak of dan collins of the china money report dot com dan welcome back to the kaiser report thanks max good to be back all right dan the asia pivot is obama's pivot being portrayed in the local media and i want to know what is a pivot as a war threat a good time to what's going on. yeah the so-called asian pivot over here in china they really refer to it as the china containment strategy from the obama

administration as basically and new policy put in place going back to about two thousand and five by american military planners basically to try to encircle china . they've signed agreements with the philippines we have no access to philippine bases we haven't had in decades we're stationing troops in darwin australia we've got a thousand there now our head of twenty five hundred we're trying to talk to philip to the vietnam and malaysia we're trying to basically create a group allies around the asia pacific region to try to bottle up and contain china we call it the asia pivot strategy military planners are on record about talking about putting sixty percent of our naval assets in asia pacific sixty percent of our air force bases outside the united states will be in egypt aciphex so basically the military planners now after twelve years of fruitless wars in iraq and

afghanistan are kind of sensing the end of the the so-called war on terror and they're looking for the next cash cow which is going to be china because they finally have a credible superpower with which to justify military budgets for. right this is kind of the point i made the first half of the show that the end of the war on terror has is over it's a it's been proven to be a hoax for the most part it was a huge black hole of money it consumed trains of dollars a man a lot of people rich impoverished a country and then the funny thing about this trying to pivot is that it wasn't under clinton and the world trade organization there where they want china in they want to under the tent they want to mean that they're buddies so within just of this short period of time the u.s. is saying you know you're not our friend we don't want to be with you anymore we want the vietnamese we want these are the people it is it is it that callous is it that ridiculously obtuse is it insane is the person saying to me the people in

china what do they make of this is what do they make of obama's strategy to to me it seems insane what are they thinking. well it's just you know it i guess you know after decades of american foreign policy being so bizarre it's almost par for the course you know you're actually right on the disconnect i mean american business leaders. in the in the pentagon planners are not totally opposite of on what they think about china you know general motors sells more cars in china than they do the united states you know thirty forty percent of corporate pop profits for american multinationals in one way come from china either selling into china or manufacturing out of china so it's absolutely bizarre situation to side with some of these countries like vietnam who we had a war with or japan and korea that have. totally blocked access to any american products and we're going to side with them now and try to go after china and it

really is just the next cash cow to justify you know seven hundred billion dollars military but it's i think what obama leaves office and they go in there they're going to find a meth lab because he's like a guy who's on math he's tweaking all the time he just can't egos from he's just going to ransack the neighborhood further as for who knows what the guys and say now at the same time that obama is trying to strong arm japan and south korea into signing this trans-pacific partnership trade deal of course which is very friendly to us corporations gives us corporations of rights above and beyond the sovereignty of any of these countries does these countries like south korea and japan know that they're signing a deal that lets american corporations sue them if they feel that they're getting in the way of american corporations then yeah well the t p t p p as you mentioned is really the economic arm of the asian pivot strategy and it's basically done to exclude china if you look at who's involved in t.t.p.

is everyone around china except china so china is obviously quite upset with it but in terms of japan and south korea you know they are. already have zero percent duty access to u.s. markets and as i mentioned you know japan will buy south korean products so korea won't buy japanese products neither one of them want to buy american products so i don't see him signing any i don't see him signing the agreement in haven't he and you know we're so intrigued to u.s. corporations right dana same to america wants to push china into the arms of russia and iran to strengthen that shanghai cooperation organization which has been really this new trade zone outside of the u.s. dollar so is this just going to force is this just pushing china into the arms of russia and iran even more and isn't that strategically a huge blunder. yeah absolutely i mean it is seems like we're reliving the one nine hundred thirty s. where we're getting in tangled in alliances and setting up blocks against other

blocks and you know russia and china absolutely in the last five to seven years as a route has been working together russian oil is now priced in r. and b. to china. chinese renminbi is now carried as reserves all across the world they are foreseen the internationalization of the renminbi and they're forcing them both both countries to work together as a counterweight to two united states which is really out of control on foreign policy all right dan let's talk about the chinese economy and their currency which of course a lot of people were thinking that the currency was going to rise it's now back to fall ing and there's a lot of questions about g.d.p. in china slowing down the official numbers have been slowing down the unofficial numbers have it slowing down even more what's going on there the chinese g.d.p. is up twenty five times since one thousand nine hundred you know up from three

hundred fifty seven billion to one thousand four trillion last year with that being said we probably have very little to any real economic growth in the last couple years china has had to clamp down on many areas of the economy you can't buy a second home you have to get a quarter to buy a car now these kind of things that plant try to clamp down on inflation which was on officially at eight nine ten percent last several years but china economically is muddling through it's trying to rebalance its economy massive debt problems exist with local governments and some local in sectors such as renewable energies in steel massive debts in steel sector basically anywhere where the government has gotten involved in trying to do central planning still they've created massive areas of problems for the economy so i see them as continuing to model through the continue to try. rebalance the end of the day they have massive currency reserves you know half the homes here have been paid for in cash now usually cars are still

paid for in cash here so i state see them finally getting through it the good news for them is unlike the united states the economy is based on real productive activity whereas opposed the united states is just purely government spending and credit and debt debt it's an interesting story most of china's billionaires are either senior party leaders or related to senior party leaders but they're now committing suicide at a faster rate than senior bankers even in the west you know the west we hear about all these bankers committing suicide i think officially there's fourteen of these suicide bankers and there's a few more kind of related but in china apparently there's a whole much to worse rash of suicides amongst senior party officials what's going on there dan. well max we can top you over here we have fifty four officials now that have been reportedly have been suicided or drank himself to death and that's just in the last year twelve months so what's going on is basically a political purge and using corruption as

a tool to get rid of some of the political enemies of the current administration so what happened when she jinping the current premier came into power he promised to go after the tigers and the flies the flies being low level bureaucrats are stealing tens of thousands to mill to a few million and then the tigers which are guys right up at the top of the economy and top of the government we saw last year marriage chaunging both indicated in the death of british businessman senza life in prison and cost these constant over a billion dollars of his assets it was top twenty five government official in china . recent breaking news which is really interesting is john young standing party member. giada fired face guy minister of public security top nine public official in china has disappeared three hundred of his family's relatives associates have been question or detained and reuters is reporting up to

fifteen billion dollars of his personal wealth has been confiscated so either the question is are any clean officials answer probably not but the ones that are going down are the political enemies of the current administration so as people may have seen end of the movie godfather and something similar that was going on all right that sounds exciting going to keep track of that now you have a post on the china money report called slave revolt in the middle kingdom tell us about the recent strikes them. yeah the people in the west may have trouble getting shoes so some of the shoe factories here especially in the soaked on one province they ploys thirty forty fifty thousand people the workers you know after years of living through ten twelve hour work days you know we all know the foxconn scandals that happened last year people jumping off the roofs nowadays this recent strikes are spreading nationwide people are demanding higher wage raises so the good news for america is that chinese wages are going up at some point they're going to be

able to compete the bad news for america is that at some point they're going to be able to compete on low cost labor with china right so you've got suicides in the factories for a while but i had to put the suicide nets but looks like the workers are getting a higher wages so the executives are committing suicide so maybe the suicide is moving up the ranks so they cut the cracks at the top and maybe not so many suicides for the wades workers at the bottom i don't think think they should put up a suicide that's around these wall street banks down there goldman sachs and j.p. morgan it out try to you know that would be the humanitarian thing to do you know just a lot of splat a sidewalk it's not very pretty but then again it does make for good t.v. now many of the young middle class call themselves this is very interesting dan they call themselves mel pubic hair which is a euphemism for losers an angry working class and a disenchanted middle class is often the recipe for revolution what is the

epistomological derivation of this phrase male pubic hair i don't know if you've heard it or not but it was not all about then well it is a recent slaying term probably about more than a year old. it also sounds likes this is sound like death so it also means you're called a pew bore also release that your did so. last year they were called and tribe they call them so we're the ant tribe we're like worker ants all we do is work. a lot of these guys there's a lot of social dissolution you know people are disillusioned in china. you know with economic progress has also come increased hopes and ambitions and even though these lot of these people are college educated very smart capable speak english they still work for very low wages work very hard hours and let leads to greater social disillusionment. revolutionary speaking you know china has been anything but

stable last fifty sixty years it has been stable but you know who knows when that could change you see riots daily different chinese cities over small issues of corruption are the biggest thing and that's why you see the government cracking down on corruption and we've got about ten seconds left and so on the revolution that was there one hundred being the highest probability what would what rate would you give it we have about ten seconds left in china probably a thirty eight to thirty thirty thirty at one hundred are on the revolution and that's dan calls proprietary revolution that for china ok dan thanks so much for being on the kaiser report thanks max and that's going to do it for this edition of the kaiser report with me max kaiser and stacey herbert i'd like to thank our guest dan collins of the china money report if you like to get in touch tweet us a kaiser report and i stand by oh. i sometimes wonder if the west which considers itself to be be only winner of the

cold war is weakened by the perception of its own might i mean has the wasn't gone since self-confidence to selfrighteous if you want to direct one accusation against the west with regard to ukraine i think it is that the west's mother who looks russia's very strong interest in ukraine has as we became involved on the way down and push for a more openness and democracy there and we need to be very conscious of russia's very close involvement with ukraine going forward in finding a solution for ukraine. unfortunately the european union and that's very unwise wants to expand it wants to have all the euro fall some brussels will still have more mall and more members some they forget that it's not only about themselves. unfortunately the european union and that's very unwise wants to expand it wants to

have all the euro fall some brussels will still have more more and more member they forget that it's not only about themselves. the middle east peace. news is proud of this tremendous chance to. steal dr but the best for. what you cannot minister benjamin netanyahu. reduced hold to the peace process with. the bible we now crossed over to go as a teacher at the drop of a closure that. lets you see. me with the ninety six.

coming up in our t. exclusive the pentagon loves to spend u.s. taxpayer money we'll take a look at how they spend your tax dollars on wars around the world along with the military output meant that's now been given away and germany's chancellor angela merkel arrived today in d.c. this while there's a divide between the u.s. and germany over n.s.a. surveillance so what will be on the agenda the latest on the chancellor's visit coming up and at the capitol protesters demand that the president stop deportations they're gathering in response to a record number of deportations under the obama administration more on that later in the show.

it's thursday may first four pm in washington d.c. i'm in the ira david and you're watching our team america or we begin today with the latest installment of an r t exclusive series on military waste the u.s. military is now strategizing ways to draw down the troops in afghanistan. by the end of two thousand and fourteen but we're moving american personnel isn't the only task at hand after a decade of war pentagon officials are trying to figure out how to drawdown billions of dollars in military equipment while analysts are looking at where the pentagon spending went wrong artie's making lopez reports. when it comes to taxpayer money perhaps no wages he knows how to spend it quicker than the u.s. military the pentagon left to its own devices will spend money on anything over the past decade defense spending has claimed a bigger part of the federal budget with aggressions ramping up first in afghanistan and then iraq in fact the united states spends more money on defense

than the next ten countries combined president obama and congress set the military spending cap for twenty fifteen at four hundred ninety six billion dollars leaving plenty of room for all new top of the line equipment with all of that spending government watchdogs don't have to look hard to find waste a lot of money has been wasted in afghanistan and iraq weapons systems being sent over facilities being built that were needed the special inspector general for afghanistan and the special inspector general for iraq have identified at least one hundred billion dollars worth of wasteful spending sen tom coburn's annual government waste book highlighted some of the starkest examples of lavish spending by the military in recent years including the air forces at c twenty seven j. spartan an airplane that can take off and land on unpaved runways my favorite. point program in this is the fact that they're forced but six hundred million

dollars where their planes and assumed they were delivered ship them to the desert the military has spent a reported five hundred sixty seven million dollars on the project since two thousand and seven however two thousand and thirteen report by the dayton daily news found that at least a dozen of these transporter planes were moving straight from the assembly line to a storage unit in tucson arizona without having ever been flown on a military mission they were built finish we never used them they've been shipped to a graveyard in arizona they're not going to be used why were they built soley because of the if you argument of jobs in ohio and a contractor who was pushing for those jobs pentagon in that case didn't want them so rather than leaving the transporter planes in the desert to rust congress has directed the department of defense to give fourteen of them to the us coast guard for free but the c twenty seven j. wasn't the military's only fiscal fiasco after spending three years and nearly three hundred million dollars on a state of the art surveillance plane the army finally decided to deflate the

project for good the long endurance multi intelligence vehicle was nicknamed the unblinking eye for its ability to fly on man surveillance missions for three weeks at a time however a number of delays in the release date along with overspending on parts caused the project to be scrapped in two thousand and thirteen and the blimp to be sold back to the contractor for one one thousandth of the price it's time for adult leadership to come in and say you know i know you really like that bright shiny object over there and it's really sexy but i don't think you need it and we need to rethink why we're spending money on that but tom schatz from citizens against government waste says congress is also to blame for unnecessary spending and members of congress often view the pentagon budget as a jobs budget and is often resistance by members of congress who feel that the jobs in their districts or the companies in their districts need to continue building something. that really may not do anything to enhance national security schatz

points to the m one abrams tank as the best example of the battle between military leaders and washington lawmakers general odierno has testified that they don't need more tanks they need to instead take a few years modernize the tanks in two thousand and seventeen and save three billion dollars but when it comes to washington's wallet congress wins congress controls the purse strings congress can force the pentagon to continue developing a system that it does not want in the private sector there wouldn't be any question of something is obsolete or not being sold plant gets closed in washington unfortunately decisions or not always that rational but not everyone agrees with that assessment four star general john allen a former commander of the coalition forces in afghanistan says congress has always supported the troops to the best of its ability the congress on behalf of the american people have been extraordinary in providing the leadership and providing

our troops everything they need to accomplish the mission waste is not unique to any particular branch of the military however with the afghanistan war winding down perhaps the pentagon will finally get its fiscal house in order in washington meghan lopez r.t. . and a new report ties the military draw down to the booming opium production industry in afghanistan a special inspector general for afghanistan reconstruction has concluded that opium production is it an all time highs despite the seven point five billion dollars the u.s. has spent to fight it since two thousand and two according to the report there are over a half a million acres under opium poppy cultivation that's an all time high and a thirty six percent increase from two thousand and twelve afghanistan now supplies about three fourths of the world's illicit opium products most opium production is taking place in the southern and western provinces like helmont and kandahar a program of crop destruction has been underway for several years but since two

thousand and eight the rate of eradication has been less than four percent of the total cultivated land seizures have also been negligible of over five million kilos of opium produced in two thousand and thirteen less than one percent was seized encounter narcotics operations and the report says it's been getting worse since the draw down it says quote drug labs storage sites and major trafficking networks are concentrated in rule areas that are increasingly off limits to afghan forces due to the i guess i have drawn down and declining security in these areas the number of regular drug users in afghanistan has also increased to one point three million in two thousand and twelve more than seven point five percent of the afghan population. all right well german chancellor angela merkel is making her first visit to washington d.c. since two thousand and eleven she's arriving to the nation's capital today and will be meeting with president obama early tomorrow for

a lunch meeting focused on international and economic issues this will be the first meeting between the two leaders since the news broke last october that the n.s.a. had been surveilling merkel's phone calls and e-mail communications through her cell phone there's no doubt that tensions still exist between. marcal and obama over the issue so is unlikely to carry any weight in the conversation joining me to discuss what we can expect is holger stark is the senior washington correspondent for der spiegel and the author of a new book the n.s.a. complex over thanks for joining me i have so i want to first rewind back to october when the story first broke it was quite a big deal we saw germany do a number of things in the aftermath everything from call president obama have a personal phone call to submit a list of questions that they demanded answers to and what i understand it they never did get those answers that that they were looking for but how would you describe the amount of tension that exists as these two leaders come to the table now and have an open meeting there's

a deep disappointment on medicals and not so much about the fact that she's been targeted she see this as a part of professional business it's how president obama handled this affair last summer when the first snowden documents came out michael sent a delegation to washington to find out what really had happened in germany and those people came back and we got the assurance that there has been nothing done against german interests no german law has been broken and they believe that america's chief of staff staff stood in front of the cameras and said there was no such an n.s.a. affair and then we saw the headlines coming in october about michael cellphone she feels personally betrayed she's professional enough to go back to topics like ukraine crisis but this won't be a relationship of trust anymore and as far as i understand germany at one point even tried to enter a mutual no spy agreement with the united states and that never panned out why why was that rejected well i think it's just not in the american d.n.a. self limitation the french tried hard they didn't achieve it even the british who

were a strong partner with the americans when it comes to intelligence affairs didn't get such an agreement and the germans try to get something like that the americans refused and the negotiations are on the rise it's not going to happen now of course this is the first leader it's you know since to the. in eleven it's definitely been a few years do you think since everything has happened i mean do you think that she will bring up this issue or will be brought up at all this n.s.a. scandal she said in berlin the true razor to moral privately behind closed doors during the four hour session that the two leaders have when they come to the white house the expectations are very low with the americans made clear that the germans won't receive anything they will publicly speak more about the ukraine crisis that has even be a rift about the question whether to address the subject during a press conference a very giving tomorrow at the white house there might be a question or two but they want to avoid that subject they want to speak about ukraine how much do you think it will be you know how much weight do you think it will actually carry in their discussion will it be you know

a very quick touch on it and move on to other things or do you think will actually sort of dig into it a little bit well we we will see two levels i think the first level that we see publicly is the ukraine crisis which is overwhelming definitely everything and then there will be this level of mistrust which will basically keep on going for a couple of years in the german american friends relationships so we will have the common business and then we have this big rift share while the leading german opposition leader is urging merkel to ask president obama to destroy her n.s.a. file can you just talk a little bit more generally about merkel's critics and how they've accused her of mishandling the n.s.a. scandal she didn't push hard like the brazilian president dilma rousseff who after she realized that she's been targeted fewest and counselor to her trip to washington merkel is a different person her her personality is is being more reluctant more hesitating so she addressed the subject once in a speech in front of the german parliament but since then she's silent because she

knows that she won't get much and she she doesn't want to run into a defeat so she's she's expecting some clear words from president obama but she's a she won't do something publicly she will be very reluctant tomorrow and perhaps she has to think twice considering. her role with the e.u. and caring so much weight in europe we're hearing that president obama and merkel will be talking about the proposed transatlantic trade and investment partnership a t t i p do you think it's possible that political the political officer obstacles we're seeing in the e.u. in the u.s. will will for cooperation on that level it's a great question but for twenty fifteen present obama would achieve anything before the mid-term elections in america we have a similar situation in europe there are very controversial debates within the european parliament this is nothing that will move this year america will raise it tomorrow when she will speak at the u.s. chamber of commerce but don't expect too much it's very unclear if it will happen

at all and when right long long into the future but what is not long into the future and what's going on right now of course is ukraine and that is probably going to be the bulk of their their discussion how would you characterize the difference in approach between president obama and chancellor merkel when it comes to the approach say to russia. i think the approach is not so different to when it went when it's a personal question because both leaders do not like me to reactions that they rely on diplomacy they've seen a huge impact that sanctions can have in the nuclear negotiations the main riff the main difference is between the american people in the german people every second german refuses any kind of sanctions against russia almost eighty percent refuse military support for the ukraine the german form of chance to celebrate the seventy's birthday this week he gave a great big party and some people spoke and guess who his star guest was it was a bloody putin it's a different mindset it's just

a different kind of seeing russia different kind of so there is definitely a different sentiment between the government and perhaps the german developing it's a clear rift and we have the term of russian understander in german already that's very much different from the us where a well i hold a stark senior correspondent at der spiegel author of the n.s.a. complex thank you so much for coming and weighing in on this. and russian president vladimir putin told chancellor angela merkel today that ukraine must remove its military from the southeastern region of the country in order to resolve the showdown with an take you have gunmen who have seized several office buildings this comes just a day after acting ukrainian president oleksandr turchynov turchynov said that security services had lost control of the region to armed separatists for the very latest in eastern ukraine let's go to our teams policy player who is on the ground in donetsk. the violence has erupted here in front of the prosecutor's office as you can see people are breaking up chunks of pavement and following it at the

security forces and at the fence as a car to get their estimates going off as you just heard people are very very tense yet it was a demonstration that started off relatively peaceful people gathering to say and show support for the people's republic of timid so they've been marched here to the prosecutor's office same if they want to hear the same kind of statements coming from the surface which is usually. quite supportive of here right now we're hearing people saying fascist fascists were chasing people here are supporting the fascist regime. it doesn't look as if the police are trying too much to control the crowds at this stage over windows and on the first floor have been broken up and as you can see stones everywhere sadly we've got a lot of angry mobile phones will be arriving what they will be taking to. the polls what the people here at the cut is starting to surge forward and they've

actually taken up positions closer to the building it's almost as if the people in the front are holding children move from behind them the crowd is moving people inside the building that are calling on people to move backwards i concede with the what does it sit but it's a really good thing is the strong smell of gas in the air you. are seeing two people with that on their faces being taken away from. tension and a lot of confusion. that was our correspondent paula slayer in donetsk ukraine. well we're getting a little more insight into how the air force has been choosing its drone pilots the personnel responsible for controlling r p a's or remotely piloted aircraft according to a recent report put out by the government accountability office therefore as has been falling short in its recruiting goals for those pilots and as a result almost half of its current pilots and manned aircraft units have been pulled as temporary fill ins for those positions but here's the catch authors of

the report spoke with force officials who said in general most commanders assign less skilled pilots and less competent officers to r.p. a squadrons and that means it's the bottom half of pilots when it comes to expertise that has by and large been controlling these unmanned and often deadly vehicles now the air force says it no longer transfers pilots from manned aircraft units to r.p. a programs instead they say there is a separate career field in which pilots endure stringent training requirements but they do acknowledge they've had an issue recruiting pilots both because of the stigma associated more broadly with the program and because of the demand for drone use that's grown significantly in recent years. and still ahead here on our team protesters gathered in d.c. to demand an end to deportations we'll take you to the protests after the break.

i marinate join me. for impartial and financial reporting very interviews and much much. only on the bus and only on our.

what comprehensive immigration reform stalled in the g.o.p. led house president obama recently announced his administration would conduct a review of how to make deportations more humane results are expected in the coming weeks but that has not been enough to quell the dissent amongst immigrant rights organizations who are demanding a change in policy today a number of undocumented immigrants gathered in washington d.c. to make that message clear artie's lindsey france has more may first signifies an official workers' holiday in many countries around the world it's marked by speeches rallies and demonstrations. ironically it began here on american soil as part of the labor movements when the federation of organized trades and labor unions proclaimed eight hours constitute an illegal day's labor from an after may first eight hundred eighty six one hundred twenty eight years later it's resurrected as an unofficial day of workers' rights and immigration reform which at this point in american history are inextricably linked and this year special

urgency surrounds these rallies demonstrators point to the need to push through a reform bill before the august recess because after that it's all about the november midterm elections where immigrants could get lost in the shuffle it's been maybe around six years ever since two thousand and eight that obama took the power to the government thank you didn't do anything and we know that he has the power to as lisa said the four stations because that's what he's really heading over to meet the separated and the families so that's why we're here to fight for them we were hoping you could be done before the recess at the so we are seeing that there is some kind of delay and that's something that we won that were. to speed up you know while the obama administration has carried out one point six million deportations between two thousand and nine and two thousand and twelve the president has pushed for immigration reform which is only been blocked by hard right republicans and now become up on midterm elections in november that party is expected to remain firmly

in control the house of representatives putting comprehensive immigration reform on the back burner but for demonstrators in this crowd change needs to get here faster than midterm elections some people arrived with a visa that became illegal when they change jobs families are being torn apart as even mothers are shackled with tracking bracelets put there by immigration authorities ahead of their flight out of the u.s. and away from their children but there is hope winning some segment of the latino vote is critical to the republican party's future prospects they must gain the support of latino voters who want the reform needed to bring the estimated eleven million living in the u.s. illegally out of the shadows with. hopper worker benefits because everyone demonstrating on this day around the world is linked by the need to punch a time clock and support their families but here in america they're also demanding the right to stay together in front of the capitol building and see france. according to the pennsylvania state supreme court police officers no longer need warrants to search

a person's vehicle the pennsylvania supreme court ruled four to two that police officers can search a vehicle without a warrant as long as they have probable cause before the ruling people were allowed to refuse an officer's request to search their vehicle if they did the officer would need a warrant signed by a judge can do to conduct the search the pennsylvania supreme court ruling was afforded to decision the case centered on a philadelphia man who had two pounds of marijuana stashed under the vehicles hood he argued police did not have probable cause to search his car proponents say it will help officers find drivers who may have alcohol or drugs in their vehicles critics say the ruling gives too much power to police and will infringe on citizens' privacy the ruling falls in line with federal law which permits police to search a car without a warrant as long as they have probable cause well it seems the big banks are taking on the new role of morality police new reports allege that chase bank has

shut down the bank accounts of hundreds of adult entertainers the big reportedly sent letters to industry workers revealing their accounts would be closed next month but it gave no reason for the closure only an apology for the inconvenience and it seems this latest hurdle isn't the only financial challenge porn performers are facing now the adult entertainment industry is gearing up to fight against porn piracy artie's ramon glendon has the story. here at the u.s.c. cinema school it's adults and about taking center stage porn industry insiders are talking to students about how the business works and how online piracy has completely transformed the world of porn from a performer standpoint from somebody that had worked so hard on this movie i put my heart and soul into it i was so proud of it to find it for free online so quickly it made me feel terrible and that was the first time that i ever realized there was an issue there's a whole stigma involved that you know there's nothing wrong with doing it because

it's porn and i think that's because people don't really understand how the adult industry works and all the people that work behind the scenes and that's something we really try to of you know focus on is showing that there's you know a whole group of people who work behind the scenes who are mostly middle income people there are people just like you and me you still adult content there are so many other people that are involved in that equation that you're taking money from and essentially what's going to keep happening is if people keep downloading free porn and more and more companies are forced to go out of business eventually there will be no more new point the explosion of free porn on tube sites has forced performers to create and suggest alternative forms of making money online it has also been an uphill battle for actually piracy advocates we've got a blacklist of some i don't know thirty thousand sites i mean there's just a ridiculous amount of pirate sites nine of the top ten google results for porn result in a pirate tube site so. that you know that's. a lot of people are google in

porn is what i'm getting out there and they to be a d.v.d. on demand they're streaming and it's actually not very expensive so for the amount paid spend on a cup of coffee you know if you contribute to our industry instead of stealing from a so i think more of the states are going to start implementing like finger printing so that what you're saying is where it just gets reposed it back that won't happen and there's been talks in congress about changing the what we have now is a notice and takedown and they've been talking of changing it to a notice and stay down so that the same material can't be reposed into those sites i think that will have i think we're going to get that you know it's going to move in that direction where the porn industry still rakes in billions of dollars it's tough to see government regulators stepping in to help this risky business deal with online piracy it needs to be seen of college students or anyone else for that matter could be convinced to stop downloading free pirated port in los angeles. r t. well in the near future three d.

printing will allow us to print anything from guns to fashion accessories but what about sex toys believe it or not services are now available that can help you generate a sex toy from scratch by using a three d. printer there is even an option to create an exact replica of your own genitalia or someone else's if you want to be really creepy it's kind of disturbing of course there are some people out there were already finding the idea very exciting however the process and results aren't completely perfect at least not yet tiny crevices in printed toys can accumulate dirt and store bacteria so without a smooth surface the toys can become potentially dangerous and then of course there's the social aspect for people that don't own a three d. printer they still have to visit a store or e-mail their designs to a company and then you might get a phone call asking you to describe exactly what you're looking for at which time you may prefer to crawl under a table. and boom bust is coming up next here on our d.n.a.

joins us for a quick preview. there are you kept a straight face there i don't know how i did it i don't know how he did it in the company wanted to inquire about your own genitalia anyway boom bust coming up we will be talking about that but we will have boom bust favorite my very favorite to mr jim rickards these live in studio this afternoon now jim is sitting down with me to discuss some of the finer points of his latest and best selling book the death of money we have it right here was the u.s. economy grew in the first quarter of twenty fourteen albeit very very slowly we're taking a look at the latest g.d.p. numbers and what they mean for the u.s. economy moving forward it's all coming up so stay tuned thanks erin thanks america and that does it for now for more on the stories we covered go to youtube dot com forward slash r t america check out our website r t dot com forward slash usa follow me on twitter adam you're a david stay tuned boom bust is next. i

was born in the ukraine i grew up in a family of alcoholics as did many of my foster sons dead kids who had slept rough on the street since they were four years old some since they were two enough i'm not the rigid man where i hear and kid i am now because of where i want to help won't be able. to do as a group of kids standing by the road like you put the children here aren't even asking for food only wanted some water to drink. i so hundreds and hundreds of poverty stricken children dressed in rags. but i couldn't forget the eyes of this one boy i came back a year later to find that little kid who. has been a big man. but that was how i came by one mole foster so.

well if you're going to come are going to like these policies just like you know. pleasure to have you with us here on our t.v. today i roll researcher.

over there i marinate it this is boom bust and this is what's on the agenda for you today. first up we have the best selling author a condom is a pundit and boom bust all star mr jim rickards live and in studio today now jim is sitting down with me to discuss the finer points of his brand new book and the death of money already a new york times best seller by the way so you definitely won't want to miss my interview with him that in today is a big deal we're introducing you to our own amazing amazing boom bust producer mr jonathan kim he's sitting down with me and we're going to talk china and whether or not the economy there will soon outstripping us you will want to miss

a moment. let's get to. the. first quarter g.d.p. numbers for the u.s. came out on wednesday and they were not awesome quite the contrary in fact the u.s. economy barely grew in the first quarter as exports tumbled and business accumulated inventories stocks at the slowest pace in nearly a year now g.d.p. expanded at is zero point one percent a sharp pullback from a pace of two point six percent in the fourth quarter of two thousand and thirteen now a calmness had expected growth to slow but only at a rate of one point two percent of course the slowdown is partly attributed to an unusually cold winter here in the u.s.

but yeah i have to question whether weather gets you to a zero point one percent number instead of the two point six percent of the previous quarter or the one point two percent that was expected so any way you look at these numbers aren't something to celebrate. silver lining however there is room for optimism there always is a little room for i think now the u.s. jobs market seems to be healing payroll processor a.d.p. reported that it two hundred twenty thousand jobs were added to the payroll in the private sector in the month of march and consumer spending which accounts for more than two thirds of the u.s. economy increased at a rate of three percent that's barely below the three point three percent pace of the previous quarter what's more the latest monthly data shows that consumer spending increased zero point nine percent in march after rising zero point five percent in february that's the largest gain since august of two thousand and nine which is in salaries which account for seventy percent of employment costs are also increases your point three percent in the first quarter data so far including

employment and industrial production therefore suggest that there was momentum in the economy at the tail end of the difficult first quarter providing a springboard for faster growth in april june period april to june period now bottom line we can't predict the future but we will keep you abreast of what's happening as the data comes in. jim rickards is a renowned economist author pundit and portfolio manager at west shore group now last time we spoke to records he gave us a look into his new book the death of money the coming collapse of the international monetary system great and scary title by the way and today we want to continue our discussion of the book but also get a more practical take on what to do after reading the death of money so jim we want

to have an in-depth conversation with you basically about you know the themes in your book the death of money and as i understand it the death of money you aren't saying to prepare kind of for this economic. apocalypse the you know doom but you're there are so you should be poised to move to a new and different monetary and currency regime so is that correct or not is that my nailing it or no that's right and that's a pretty good summary when i say the death of money it's a provocative title doesn't mean that money goes away completely but it does mean that there are a number of very important shifts one the dollar will lose its status as the leading global reserve currency ever two that will be displaced potentially but one of several things one is the s.t.r. which is the special drawing right it's a geeky name but you can just understand as world money printed like bank or that idea well no yes no bank or was there actually john maynard keynes idea of bretton woods for kind of world money but keynes believe it or not one at the bank were to be backed by commodities including gold it wasn't a pure gold standard but he wanted gold in the basket the s.t.r.

the special drawing right is not backed by anything it's just another form of comes out of thin air the fed prints dollars the i.m.f. can print as the r.'s and they will the next time there's a liquidity crisis of the kind we had two thousand and eight it's going to be bigger than the fed because the fed took their balance sheet to over four trillion dollars we haven't had a liquidity crisis since i weighed over nine but so they print all this money anyway they get tens of. this was for the european central bank and so they're not going to be able to take it to a trillion or twelve trillion they're kind of at the albert limit of what they can do so where will the world with critique come from there's only one clean bounce she left in the world which is the i.m.f. the you know the fed's leveraged eighty to one the i.m.f. is leveraged three to one so the i.m.f. has a lot of headroom to print this world money right i mean that's better off and now you predict that the value of existing currency it's going to take a huge hit when this happens but where can people invest to prevent loss housing bonds farmland you know where are they going to put their money where i think investors should do what warren buffett is doing which is to put your money in the hard assets if you look at buffett's recent acquisitions

a couple years ago he bought the burlington northern santa fe very well he bought the whole railroad took apart what's a real work it's a hard ass it's his land right away mining right signals yards which is rolling stock and cetera and how's the railroad make money it moves hard this it's coal we corn steel cetera so it's the ultimate harvest of play buffett's next big acquisition was oil and natural gas resources and by the way he can move his oil on his own railroad because you want one hundred tanker cars it's a pipeline a will he doesn't need the keystone pipeline so i see buffett is a guy was dumping paper money getting into hard assets to matter what happens to the dollar his stuff is still valuable so i think investors can do the same thing maybe we can all buy a railroad but you can buy a little bit of gold land fine art there are some hard assets you can buy that will preserve your wealth now according to some investors like mark faber basically all asset classes are overvalued you farmland aren't everything right now so are you concerned at all that investments in those assets will also take a hit well you have to be selective and look good there are no guarantees gold is volatile but gold is

a volatile part of the because it's been manipulated by central banks and that's not guesswork in chapter nine of my book the death of money i actually give all the documentation they include some recently declassified documents from the ford library going all back to the seventy's but continually up until the present day look at the bank for international settlements to be very essential bank for central banks footnotes their financial stake. as they say they transact in the gold market on behalf of central banks and commercial banks so this manipulation is going on the statistical studies that show the same thing so if you're going to go into gold you have to be prepared to kind of fasten your seat belt drive the gold coast a bit at the end of the day it's the one asset there's always preserved wealth and so that's one choice yet to be selected i'm sure that some farmland and i was somewhere that so overpriced but that's not the only land out there to buy my fun is finally in the brazil but that's interesting right now too because things have gone back the other way a little more south that's right and that's kind of interesting now the new york times recently ran an article called the great divide in the art market where millions are spent on trophies leaving lots of arts and art collection sort of

attention essentially so how does anyone besides the very wealthy and very knowledgeable can have money but not really know a lot about artwork how are they going to navigate the art market without getting their faces ripped off right well first of all you know you need about five billion dollars to go out and one hundred fifty million of the cars that if you had two hundred million you're not going to blow hundred fifty one painting so that's a very rarified atmosphere but there are some very good well managed our funds and there are some issues so twentieth century masters for example so we're talk we're not talking about you know posters you put up in a college dorm we're talking about museum quality art but these are pieces you buy for maybe one hundred thousand or two hundred thousand and with the right sort of curation and maybe a sell the museum after three to five years they could go for seven or eight hundred thousand dollars so that's a way to you know kind of double or triple your money these funds are hard to find but they are they are out there and that's a way for investors in say one hundred thousand dollars range to pool their money

with other investors in this area twenty million dollars poorer than you can transact in this market ok that's that's interesting to note and you do it via a fund you're not only not important you don't have to go to the smithsonian alone and you're out what you look like i really i do invest in our father represent one i don't know anything about art but i know it's a good investment to the manager of the fund that i represent knows what he's doing so that's that's an exam. there's someone on staff is that you know there is have you had to be careful how word some more funds are sponsored by dealers and there's a conflict of interest if you don't want to end up financing the deal with inventory it's like these movie deals everyone loves the glamour of investing in a hollywood movie deal but somehow you never get spider-man you always get the sense that we're going to be iraqi. but there are some good our friends out there but not just that i mean lance silver gold fine art is a place for cash and people were surprised to hear me say that on the issues you really got to talk about the death of money why would you have cash well the answer is first of all cash is good in deflation and deflation is much more dangerous inflation but also gives you a lot of optionality if you have cash you might not have it for long but have it

for now you're the person who can pivot into an asset class quickly where some people are fully invested they've been able to get out of things that don't work out so there's a place for cash also now famed expert on bubbles edward chancellor and money manager and she. wrote the following just today about the art market here we have a quote right here that i want to throw up the art market provides an excellent barometer of the speculative given our prices depend entirely upon what other people are prepared to pay a bubble in modern and contemporary art which was evidence before the financial crisis has returned so how can art be an asset class that protects wealth in given that right well the thing is anything can go bubbly so i wouldn't i would dispute that and you say you are depends on what someone else will pay you for the same is true for gold big corn to senator but the simplest way to think about it these are all denominated in dollars and we think of gold it is thirteen hundred now it's or art is you know hundred million dollars a painting right there coin is worth whatever it is for under five hundred dollars

of cetera so they're really all bets on the dollar so what you have to ask yourself is what's the future of the dollar if you think the dollar is getting stronger you wouldn't necessarily want those asset classes if you think the dollar is getting weaker you would want those asset classes and the fed policies to have a weaker dollar so to me it's very easy analysis you don't have to think about it the federally thought about it for sure they're all just reciprocal the. all or if the fed the treasury want to with dollar which they do that's where the cars are words are all about when you want those assets to preserve wealth jim we have to go to break but don't go anywhere for to keep you around time now for a quick break for you don't go anywhere either because jim rickards is sticking around and he'll be back after the break to continue our discussion on wealth protection and what exactly that requires because it requires a lot then in today's big deal boom bust producer jonathan kim is joining me and edward harrison to talk about china and purchasing power parity but before we go here a look at some of your closing numbers of the bell stick around. nothing

has been done this complex by the military since world war two. this is portrait we have historical terms the berlin airlift in reverse. order some seven point seven zero down a block from some load shifts on takeoff because you're going to become unstable you're talking really billions of dollars to move billions of dollars worth of equipment at what point do you see the polish no longer worth you impressed. with the washington well it's a mess that is being stressed getting the latest numbers in the media and then conversely if you are going to issue that actually back to it doesn't do too much for ad revenue in buying tech culture giant takes on a seventy six year old american farmer east india fallout do you think this is

going to the create for the cia do you think this is what's triggering the break down for so long just a comedy in the world it's also the largest debtor nation in the history of breaking the set is mostly about alternatives to the status quo but what might the real alternatives of points in the working towards. the american dream the next day we're just trying to survive it's time for americans and lawmakers in washington to wake up and start talking about the real causes of. welcome back more now with a noted economist jim rickards now jim before we went to break we were talking about art and how to you know diversify into different asset classes to protect your wealth but is your advice mainly for the wealthy and what i mean by that what

can the average joe smoe what smelled do to invest his money his or her money and if they can't afford to even partake in these funds he runs funds that trade are to me well you are what have i to show a lot of the alternative investments you know long should i be funds global macro art funds things like that you do have to be a so-called accredited investor a need a couple million dollars so it is for the wealthier people but also with partners we've launched the west sure real return income fund this is a mutual fund register with the f.c.c. it's open to all investors and the size and what we do we take investors' money and then we invest in the portfolio that includes some of the things i'm talking about so some of that we have an investment in and are very good art fun we have some precious metals not not a lot but some that we also have emerging market stocks and bonds so this is a retail product that invests in the kinds of things i'm talking about the preserve wealth and protect you against inflation so even the small investor can have a look about it and i've got a good plug for your new one that well this is one one there are a few other people doing this i think but even you know i talk to say if you have

a million dollars for one hundred thousand gold if you have ten thousand dollars i did talk to a taxi driver in las vegas it only got ten thousand i was it by one gold coin put it in a safe place now you know thirty percent of your investable assets and gold if everything's good you won't get hurt too badly but if things fall apart that gold will go up a lot and protect your wealth so there are things everyone can do ok that's going to now gold anybody. right up where is it headed and why well in the in the intermediate term as head of march however not necessarily right away as i mentioned when you own gold you're fighting every central bank in the world central banks take gold because it limits their discretionary monetary policy so it would be the first one to say it's volatile you don't want to use leverage gold is volatile enough so you don't use levers to get into gold because just you know by kind of right i recommend physical gold coins and bars physical bullion not gold funds because the day you really want to go in gold starts to get up up you know hundred dollars a day and then two hundred dollars a day and so forth that's when they may close you know cancel the comics futures contract you know terminate your contract send you yesterday's price but you miss

out on today's action so that's when all the paper go will fall apart but physical gold you're fine the other thing is when the when the buying panic breaks out you may not be able to get called now the big institution central banks will get the gold they want but you may find the mint can't deliver your local dealer is out you may not be able to get it get the go i get people say hey jim in effect call me at three o'clock the day before everything crashes and also everything and buy gold so you know it doesn't work that way i'm not going to know the day before i can just see it coming ok now you know if currency lost its value everywhere today a certain central bank's russia u.s. europe they'll be partially covered because they do have gold reserves correct china however they don't have as big of gold reserves but they do have a lot of cash so do you think china should start buying gold well first of all their gold reserves are bigger than they discos their official number is one thousand and fifty four times that's what they say but they're lying they actually have some larger numbers say three or four thousand times it's hard to know exactly how much but we do have some data we have a chinese mining output we have imports to hong kong that's publicly known and also

in chapter nine of my book chapter nine of chapter eleven of the death of money their source and by the way there are three hundred footnotes in the book so that you can see here and he says if you see something controversial i give the sources but they're bringing they're using military intelligence has to bring in gold off the books so they. closer to four thousand tons they're still buying more or so charges by my last trip to switzerland i didn't go to any banks i went to vaults and refiners i talk i talk to the people who are handling the physical metal and they said chinese demand is for a shift they're sold a year in advance the chinese want more but they can't deliver because they've got to take care of rolex and some other the jewelry customers and so forth but what's going on behind the scenes are you just go back to hong kong talk to a secure logistics person these are the people who move the gold and he said there's no let up in the demand so the only thing it's a bit speculative how much of those private demand in government demand there you have to make some assumptions but we can easily say that china has three or four thousand tons they're out to get more the u.s.

is eight thousand tons so china has little catching up to do and also didn't china recently overtake india as the biggest consumer. consumer gold importer but that's where there's a reason for that is were good question aaron because india slapped an import tax on gold because there were so many people buying gold it was throwing their current account into a bigger deficit so they put import tax on so that's when china pulled ahead but it had very unintended consequences which was india failed to understand how much value out of there was in the jewelry business so the gold would come in and he had the artist and he would make the job because a lot of it is women for their dowries with that this is and so forth that the fabrication if you want to pakistan india hates pakistan great so they like so they may actually they may actually remove that my best information is they're going to remove the tax in the middle of this year is a big wedding season so you may see a voracious indian demand in the fourth quarter who good to know thank you that's really great tip to have now you know another precious metal silver that's lost over sixty percent and you know i've had a high of them i have a number. near seventy four sees me forty seven out of an ounce in two thousand and

eleven so how can invest or deal with this kind of volatility unless he or she is speculating you know well i would say number one don't use leverage so you know many borrowed money that you have to pay off student don't use leverage prove the way and just you know i you know i wasn't buying so over four years seven i think i'll get back out there by the way if gold is that five thousand of the seven thousand ounce which i expect silver will be. one hundred notes but it's got its subject the same volatility this is not going to happen tomorrow as over a couple of years but again my these are swayed understand because bernanke has said publicly he doesn't understand gold actually a lot of experts don't understand go but there's a very simple way to understand it it's the inverse of the dollar if you think the dollar is going down gold is going up a price is that simple buy the if you think the dollar is getting stronger don't buy gold that's pretty simple yeah it isn't actually this area you go now the picture you get from your book is that protecting wealth it requires a lot of energy and time and knowledge and not something that everyone can do and that mostly sophisticated or wealthier people can can they have more access to it

but again it's difficult for people who know what they're doing so how can we possibly move to a new currency regime without increasing income inequality and causing total social on social unrest what we might and we talk i talk about it a book i talk about social and i've got three outcomes one is the the s.d.r. the special drawing right the world money the other one is a kind of gold standard the third one is social unrest i don't know which one is going to be but i feel be one of the three and i've laid out in what i call intelligence what we call indications or warnings on n.w. so you can kind of tell which road you are but that is definitely a possibility income inequality will increase it's a serious enough problem that one of the reasons i wrote currency wars and the death of money i had no interest in writing for the academic audience or the professors i wanted to write for everyday citizens so they can read it and just kind of look out for themselves a little bit so that's that's really hopefully my audience and the big guys always take care of themselves or you could be fine but look at who gets wiped out of this it's teachers firemen policemen people with pensions fixed incomes retirement annuities insurance they're the ones who get wiped out the banks the hedge funds

the billionaires they do find the central banks do fine so i think i think you're right in the sense that and by the way if things get really bad we have what i perceive as money riots you'll see in the in a fascist response you'll see the government using executive orders look at local police forces they look like they're there they're all swat teams they've got body armor night vision goggles flash bang grenades battering rams wrong. the suit you want your friendly local cop is not getting kids out of trees they're going to break down your door so that force is ready if there's too much social unrest this is fantastic it's always such a pleasure having you here you are a robust all star so thank you sarah time in your insight as always that was a columnist author and brings us fave jim rickards time now for today's big deal.

we have an awesome and very special big deal my very favorite producer next to my other very clever producer going to great group of guys around me this is producer jonathan cam he's here to talk with myself and learn about china and its economy will soon outstrip the u.s. so this is jonathan jonathan first time on the show and have been coming on from time to time to house help us work through material here on the big deal now the u.s. is the biggest economy in the world with a g.d.p. out upwards of sixteen trillion dollars china on the other hand has a g.d.p. of eight trillion dollars but a new world bank report suggests that depending on how you look at it china might take the u.s. as title in the heavyweight economic division so jonathan can you tell me a little bit about the support and what does it say about the size of the u.s. economy relative to the size of china's economy right so this is a report out of the world bank international comparison program and basically it was trying to do is compare the cost the cost of real cost of living in the

purchasing power of countries around the world and it has data for two thousand and eleven and what they found was that the chinese economy is eighty seven percent of the u.s. economy and that's up from forty three percent in two thousand and five so there's been a big change over short amount of time and they actually are forecasting that perhaps in this year even the next couple of years the chinese economy will overtake the u.s. economy in terms of size wow so can you explain a little a little bit about purchasing power parity this is like kind of the word of the week here the p.p.p. and rightly what that means in this whole analysis right so the p.p.p. is what the use to draw this comparison in the p.p.p. basically assumes that price. four identical products are the same across countries so let's give you an example like this this is say that the canadian dollar is valued at one point five to one dollar u.s. dollar so that's one point five canadian dollars to one u.s. dollar and i want to buy an apple in canada that cost one point five dollars

canadian dollars and that should cost one u.s. dollar but it sometimes doesn't and the reason why it doesn't because the market exchange rate sometimes overvalues us dollars sometimes hundred dollars u.s. dollars and so that's the reason why you did this isn't cost the same amount in both countries even though it's the same apple and what's important in this situation is that the chinese economy does undervalue its currency so you know if they say that the u.s. economy g.d.p. is sixteen trillion dollars and the chinese economy is a chill in dollars but when the chinese economy essentially says that we want our currency to change to lower amounts and then i kind of distorts that whole entire picture and that's what this report is probably trying to correct so what do you think basically do you think that purchasing power parity. you know it does it helps under stuart this distorted evaluation for g.d.p. i think it's a useful idea. basically because people do know that china is trying to keep its.

low and so this is an attempt to try and understand really how big the chinese economy is. but you know some people don't think that's a very useful idea ok right now and i'm sorry i missed you over there but you know it's hard to bring him into the fold here now what's your take on this report what do you think i think the only benefit you know. what the only benefit of having this that purchasing power parity is the fact that you get a sense of how big china is in real terms so if the chinese economy were to detail as it's doing now it was a ten percent growth per year now it's slowing down toward the seven percent per year. then the question is what sort of impact will that have externalities in the global economy as a whole you know there used to be a time when people say united states catches a cold the rest of the world gets influenza you know now we're getting to a point where countries like brazil russia india china are so that when they do

celebrate as they're doing right now then it's going to have a disproportionate impact and i think that looking at this from a purchasing power parity perspective gives you a sense that it's actually even more of an impact than you might think at prevailing exchange rate ok so how does that basically fit into your understanding of the current direction of the chinese economy what does how does it all fit in i would say it's almost the reverse in knowing where the chinese economy is going gives you a sense of you know the relative impact given how it looks in a purchasing power parity perspective so you know you see this deceleration from ten percent to seven percent what does that mean in terms of the effect that it's going to have on people that treated with china economies that used commodities that china is now consuming what we see that it will probably have a very disproportionate effect given how important china is one of purchasing power parity based every thirty seconds so we've got fifteen from but what are some of the geopolitical implications of this of the chinese economy becoming bigger or the

biggest in the world. we're going to do for a while not exactly sure i think that i think we're going off of what ed said it's really important to keep this in mind in terms of driving your risk because of the size of the condom use much greater than we assume that has consequences you know in other places right so and i think the chinese are looking to downplay this because they don't want to take. you know there was a report out that the chinese have been trying to keep this report from being. you know it's not happening in the chinese media for that reason so they don't like this report. thank you so much jonathan thank you so much this is a great i mean great big deal that's all for now but you can see all segments featured in today's show on you tube and right over here you know slash the horror facebook dot com. or you can tweet us at or an aide at edward m. h. we'll get jonathan's next time that's all for now you can see you next on channel

five. well it's a miss. numbers among the many candidates ocracy of current issues are actually back to a new doesn't do too much for ad revenue my own tech agriculture giant teeth on a seventy six year old american farmer based in india is fallout do you think this is going to create for the cia do you think this is what's triggering a race america's the largest economy in the world it's also the largest debtor nation in the history of the world breaking the set is mostly about alternatives to the status quo but one might give real alternatives to the points on the working toward the american dream the next they were just trying to survive it's time for

americans and lawmakers are forced to wake up and start talking about the real causes problems. remember back in the twenty's and thirty's yeah the stock market bubble of the twenty's followed by the bust followed by the depression what's different about this era is that you've got the depression and the stock market bubble happening concurrently simultaneously that's the cheeriest of financial engineering. a chance far worse. than the finish line of the marathon.

coming up on r t exclusive the pentagon loves to spend u.s. taxpayer money but look at how they've spent more tax dollars on wars around the world along with the military equipment that's now being given away and germany chancellor angela merkel arrived today in d.c. this while there's a divide between the u.s. and germany over and as a surveillance so what will be on the agenda the latest on the chancellor's visit coming up. and add the capital protesters demand that the president stop deportations that they're generating from sees me gathering gathering in response to a record number of deportations under the obama administration more on that later in the show.